• Open

    Market Rally Retreats On Apple Reveal, But Not Much; 5 Stocks In Buy Areas
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    Over 100% Upside: Analysts See an Appealing Entry Point in These 2 Small-Cap Stocks
    If there’s one way to describe the markets recently, that would be top-heavy. The mega-caps, the largest US companies, have been outperforming the broader indexes, and by their very size they are pulling the rest of the markets along. To give an idea of the scale, the three largest S&P-listed companies are Apple, Microsoft, and Alphabet; together, they have a combined market cap over $6.9 trillion and make up a big chunk of the S&P 500’s total value. That $6.9 trillion is a higher market cap tha  ( 10 min )
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    What Is the Unemployment Rate? Rates by State
    The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 31 min )

  • Open

    What Is Unemployment? Understanding Causes, Types, Measurement
    Unemployment is the term for when a person who is actively seeking a job is unable to find work.  ( 28 min )
    Free Credit Score: Is It Really Free?
    Be careful of websites making bogus offers of free credit scores. If a site asks for credit card information, you’ll most likely end up being charged.  ( 23 min )
    Continuing Claims Definition
    Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )
    Variable Annuity: Definition and How It Works, Vs. Fixed Annuity
    A variable annuity is a type of annuity that can rise or fall in value based on the performance of its underlying investment portfolio.  ( 25 min )
    National Foundation for Credit Counseling (NFCC)
    The National Foundation for Credit Counseling (NFCC) is a national network of non-profit credit counseling organizations. Learn how it works.  ( 21 min )
    Top CD Rates Today, June 5, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Top Marijuana Cryptocurrencies
    Marijuana-focused cryptocurrencies began in 2014 and surged in 2018 as global legalization efforts began.  ( 22 min )
    You Can Earn a Record Interest Rate on Your Savings Right Now
    Stashing cash in a high-yield bank account is an easy way to earn a lot more interest on your money, and right now, you can earn 5.25% with the top money market account.  ( 18 min )
    Office CMBS Delinquency Rates Jump by Most in Almost 5 Years
    Delinquency rates on commercial mortgage-backed securities backed by office properties jumped in May by the most since June 2018.  ( 17 min )
    Markets Drop as Early Session Gains Fade in the Afternoon
    Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 16 min )
    Dow Jones Today: Apple Headset Can’t Lift Index
    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 17 min )
    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years
    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 17 min )
    Sales of Tesla EVs Made in China Soar
    Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 16 min )
    When Are Stock Dividends Paid Out and How?
    A dividend is usually declared quarterly after a company finalizes its income statement and dividends are paid either by check or in additional shares of stock.  ( 25 min )
    8 Best Fund Types to Use in a Recession
    When the economy blows up, find out what funds offer some protection from major losses.  ( 21 min )
    GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
    GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 16 min )
    Pre-Market and After-Hours Trading
    The NYSE and the Nasdaq have pre-market and after-hours trading. Several factors are worth considering if you want to trade at these times.  ( 24 min )
    Cryptocurrencies To Watch: Week of June 5
    This week’s cryptocurrencies to keep an eye on are XRP (XRP), The Sandbox (SAND), XDC Network (XDC), and Lido (LDO).  ( 20 min )
    Defensive Acquisition
    A defensive acquisition is a strategy that consists of a company buying another company as a "defense" against market downturns or possible takeovers.  ( 21 min )
    SEC Sues Binance and Founder Changpeng Zhao
    The SEC has sued Binance, BAM Trading Services, and founder Changpeng Zhao for violating U.S securities laws, including the operation of an unregistered exchange.  ( 19 min )
    How to Get a Student Loan Without Your Parents
    You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )
    Cryptocurrency Exchanges: What They Are and How To Choose
    With the plethora of digital currency exchanges, how can an investor choose the right one? Take the steps to find the best exchange for your needs.  ( 23 min )
    Importance and Components of the Financial Services Sector
    The financial services sector consists of a diverse group of companies that goes beyond banks and credit unions.  ( 26 min )
    Stock Warrants vs. Stock Options
    Stock options and stock warrant have similar functions. However, companies use these two financial instruments for different purposes.  ( 22 min )
    LGBTQ+ Representation in the Workforce
    Especially at senior levels, LGBTQ+ representation in the workplace is low.  ( 29 min )
    Service Sector Downshift Raises Unemployment Worries
    Employers in the service sector say they’re pulling back on hiring, raising concerns about cracks showing in the until-now stalwart labor market.  ( 16 min )
    Mortgage Lending for LGBTQ+ People
    Members of the LGBTQ+ community have had a harder time getting home mortgages, although that may be starting to change.  ( 26 min )
    Is There a Roth IRA Gender Gap?
    A nearly equal share of women and men have IRAs, but men have a substantial lead when it comes to account balances and retirement readiness.  ( 25 min )
    Derivative Warrants Explained: Types and Example
    A derivative that gives the holder the right, but not the obligation, to buy or sell a security at a certain price before expiration.  ( 22 min )
    What Happened to First Republic Bank?
    First Republic Bank’s collapse was due to several factors, including its high levels of uninsured deposits and broader concerns about the stability of regional banks.  ( 29 min )
    Today's Mortgage Rates & Trends - June 5, 2023: Rates Mixed
    Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 20 min )
    What Is a Blank Check Company? How They Work, Risks, and Example
    A blank check company is a developmental stage company that has no specific business plan or has the intent to merge or acquire another firm.  ( 22 min )
    Personal Loan Rates & Trends, Week of June 5: Rates Mostly Flat
    Personal loan rates continued to moderate this week, lowering the overall average by 7 basis points.  ( 17 min )
    Apple Shares Hit All-Time Highs Ahead Of VR Headsets Launch
    Apple's stock has risen to a new all-time on Monday ahead of its developer conference where the company is expected to unveil its mixed reality headsets.  ( 17 min )
    Bayes' Theorem: What It Is, the Formula, and Examples
    Bayes' theorem is a mathematical formula for determining conditional probability of an event. Learn how to calculate Bayes' theorem and see examples.  ( 24 min )
    10 Steps to Building a Winning Trading Plan
    Follow these 10 steps to help you build a profitable trading plan. It's impossible to avoid disaster without trading rules—so, make sure you know how to devise them for yourself.  ( 25 min )
    Dividend Discount Model (DDM) Formula, Variations, Examples, and Shortcomings
    The dividend discount model (DDM) is a system for evaluating a stock by using predicted dividends and discounting them back to present value.  ( 29 min )
    Bribe: Meaning, Overview and Tax Treatment
    A bribe is an illegal act in which a gift (for example, money) is given with the goal of influencing an outcome.  ( 19 min )
    War Damage Corporation Definition
    The War Damage Corporation was a government program created during World War II to provide coverage for property damages related to war.  ( 18 min )
    Types of Finance and Financial Services
    Finance is the study of money management and the process of acquiring needed funds—including personal finance, corporate finance, and public finance.  ( 24 min )
    Markets Mixed at Midday as Apple Shares Trade at an All-Time High
    U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 16 min )
    Risk Premiums: Like Hazard Pay for Your Investments
    A risk premium is the return in excess of the risk-free rate of return that an investment is expected to yield.  ( 26 min )
    Oil Futures Gain as Saudi Arabia Signals More Output Cuts
    Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 16 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 16 min )
    Today's Mortgage Rates & Trends - June 6, 2023: Rates Mixed
    Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 19 min )
    What Are Tradable Commodities?
    Understand what tradable commodities are as well as the rules and risks governing how they are sold and traded in the marketplace.  ( 20 min )
    What (and Who) Is Next of Kin, and Why Does It Matter?
    Next of kin is usually defined as a person's closest living blood relative, someone who may have inheritance rights, and obligations.  ( 25 min )
    Top 9 Tricks for Lowering Your Property Tax Bill
    Property taxes can be a huge burden for the homeowner. Learn more about some of the tricks you can use to lower your property tax.  ( 26 min )
    Delivered-at-Place (DAP) Definition: How It Works and Obligations
    Delivered-at-place (DAP) refers to an arrangement wherein the seller covers the costs and takes on the risks of moving product to the buyer's location.  ( 23 min )
    Government Could Reportedly Raise Bank Capital Requirements 20%
    Federal regulators are preparing to introduce new banking rules that would force big banks to hold up to 20% more capital, the Wall Street Journal reported Monday.  ( 16 min )
    Top Dividend Stocks for June 2023
    BRY, GNK, EGLE, CALM, and SFL lead peers by forward dividend yield  ( 23 min )
    Going Back to the Future to See How A.I. and ChatGPT Are Changing Finance
    Lex Sokolin, one of our favorite futurists, rejoins The Express to show us how A.I., ChatGPT, and the Blockchain are already changing finance and investing, and where they are taking us into the future.  ( 18 min )
    The Top 25 Stocks in the S&P 500
    The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )
    5 Things to Know Before Markets Open
    Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 17 min )
    Using Bullish Candlestick Patterns to Buy Stocks
    These five popular candlestick chart patterns signal a bullish reversal in downtrend.  ( 25 min )
    What Is Balanced Trade?
    Balanced trade is an economic model under which countries engage in reciprocal trade patterns and do not run significant trade surpluses or deficits.  ( 25 min )
    What Is a Virtual Assistant, and What Does One Do?
    A virtual assistant is an independent contractor who provides administrative services to clients while working outside of the client's office.  ( 23 min )
    Securities Industry Essentials (SIE) Exam Overview
    Learn about the Securities Industry Essentials Exam (SIE), the streamlined qualification test from FINRA for people looking to get a job in the securities industry.  ( 24 min )
    Tips on Buying a Beach Condo in Puerto Rico
    Puerto Rico has beautiful beaches, a great climate, and tax breaks for American buyers—but also a huge debt crisis. Learn more about purchasing a condo in Puerto Rico.  ( 23 min )
    Positive Pay: What It Is, How It Works, vs. Reverse Positive Pay
    Positive pay is a banking service used to match the checks a company issues with those it presents for payment. Learn how it is used to deter check fraud.  ( 24 min )
    Who Is Lael Brainard?
    Lael Brainard is director of the National Economic Council as of February 2023 and a former vice chairman of the Federal Reserve Board.  ( 22 min )
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    California insurance market rattled by withdrawal of major companies
    Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation's most populous state. State Farm announced last week it would stop accepting applications for all business and personal lines of property and casualty insurance, citing inflation, a challenging reinsurance market and “rapidly growing catastrophe exposure.” The decision did not impact personal auto insurance.  ( 8 min )
    Intel to Raise About $1.5 Billion in Sale of Part of Mobileye
    (Bloomberg) -- Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc., raising about $1.48 billion for its ambitious spending plans. Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeUS F-16 Triggers Sonic Boom Pursuing Cessn  ( 7 min )
    The stock market could rally 20% through the rest of this year if it can clear 3 key hurdles, Fundstrat says
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    Intel to sell $1.5 billion stake in Mobileye
    After the offering, Intel's voting share in the self-driving technology company will come down to about 98.7% from the 99.3% it currently holds. Shares of the Jerusalem, Israel-based Mobileye fell over 4% to $40.55 in extended trading. The share sale comes at a time when the company is facing intense competition in the assisted driving market from chipmakers Nvidia Corp and Qualcomm Inc, which are trying to make inroads into the space.  ( 7 min )
    Apple's mixed reality headset announcement sends Unity stock soaring
    Unity's software will be used in Apple's new headset. After Apple's announcement, Unity stock had its best intraday performance since November 10.  ( 8 min )
    US bank shares fall after Treasury debt issuance, proposed new capital requirements
    Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of Treasury bill issuance following the raising of the U.S. debt ceiling would drain liquidity from lenders. The U.S. government is expected to issue $1 trillion or more of short-term debt to replenish its Treasury General Account (TGA) or cash reserves that were depleted during the political haggling over the debt ceiling. Some analysts have warned that this flood of new bills could drain bank reserves at time when liquidity is needed to bolster their balance sheet given the recent shocks to the financial system from the regional banking crisis.  ( 7 min )
    Blackstone REIT Continues Trend Of Bad News For Real Estate Investors
    Blackstone real estate investment trust (BREIT) is known as one of America’s largest and most dependable privately held REITs when it comes to delivering investor returns. However, 2023 has proven to be a difficult year for real estate investors, and Blackstone is not immune. As of May 1, 2023, Blackstone announced it is limiting investor withdrawals from its REIT, which is worth an estimated $70 billion. This move is not a new trend, as Blackstone has been limiting monthly investor withdrawals  ( 9 min )
    Markets brace for deluge of Treasury bill supply after US debt deal
    Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit. The Treasury General Account has fallen sharply since January when Treasury hit its limit on borrowing. Deutsche Bank strategist Steven Zeng said in a recent research note he expected net bill issuance of $400 billion in June, followed by $500 billion between July and September.  ( 6 min )
    Dow Jones Falls As Apple Unveils These Products; This Stock Soars After Cathie Wood Sells It
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    How Charlie Munger Turned $1,000 Investment Into Over $1 Million In Oil Royalties With His Unemployed Friend
    At Berkshire Hathaway Inc.’s annual shareholder meeting, Charlie Munger’s revelation about a brilliant investment he made over 60 years ago offered a glimmer of hope and inspiration to investors worldwide. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families The octogenarian billionaire has been raking in $70,000 per year from a $1,000 bet on oil royalties, a deal he struck with a golfer named Al Marshall after a cha  ( 8 min )
    Dave Ramsey faces $150M suit for promoting company accused of fraud
    Personal finance guru received up to $30 million for promoting timeshare exit company that failed to help customers, complaint alleges.  ( 6 min )
    Apple Stock Falls In Minutes After 'Vision Pro' Announcement
    History repeats itself. According to Dow Jones Market Data, Apple shares have averaged a 0.3% decline during WWDC keynotes, going back to 2013. Sure enough, tn the first few minutes after Apple announced and offered details for its 'Vision Pro' mixed reality headset, the company's stock lost its g  ( 25 min )
    'Commercial Real Estate Is Melting Down Fast': Elon Musk Warns Home Prices Will Be The Next To Crash — Yet One Property Type Could Prove Resilient
    As a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space, Elon Musk isn’t known for being a real estate guru. But lately, the billionaire has been sounding the alarm for the sector. “Commercial real estate is melting down fast,” Musk said in a recent tweet. “Home values next.” He elaborated on the dire forecast during an interview with former Fox News personality Tucker Carlson in April. “We really haven’t seen the commercial  ( 9 min )
    Analyst Report: Idex Corporation
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    Analyst Report: MongoDB Inc
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    Analyst Report: Broadcom Inc
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    Saudi Output Cut to Boost Oil Prices Could Be Costly
    The 10% reduction in output suggests Riyadh is willing to sacrifice market share to prop up prices.  ( 35 min )
    SEC Sues Binance. What It Means for Bitcoin and Coinbase.
    Binance is by far the world's largest cryptocurrency exchange and a pillar of the digital asset economy. Bitcoin fell after the news of the SEC charges.  ( 22 min )
    Market Update: IEX, AVGO, MDB
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    Palantir Stock Rises on Defense Contract. AI Is Part of That.
    The data-analytics software company says it was awarded a contract from the U.S. Special Operations Command.  ( 22 min )
    The earnings recession is coming and stocks aren't ready for it: Morgan Stanley
    Despite a recent surge in stocks, Morgan Stanley sees an earnings recession on the horizon in 2023.  ( 9 min )
    I'm the head of talent acquisition at Vanguard. Here are the 3 things I look for in candidates and my favorite interview question to ask.
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    Micron Is the Top Chip Stock Pick Amid AI Hype, Says Analyst
    Citi analyst Christopher Danely says chip stocks "are due for a pullback.” He's cautious on the group, and has moved Micron stock to the front of the pack.  ( 22 min )
    Biden administration moves to nix US states' challenge to ESG investing rule
    The Biden administration has asked a federal judge to toss out a lawsuit by Republican-led states seeking to strike down a rule allowing socially-conscious investing by employee retirement plans. The U.S. Department of Justice in a filing in Amarillo, Texas federal court on Friday said the rule was needed to replace improper limitations that the Trump administration had placed on considering environmental, social and corporate governance (ESG) factors in making investment decisions. A coalition of 25 states led by Utah and Texas sued in January, claiming the U.S. Department of Labor rule would imperil the retirement savings of millions of Americans by allowing investments to be made based on political agendas rather than financial considerations.  ( 6 min )
    Telecom Stocks Get Price-Target Cuts. Analyst Cites ‘Nerves’ Over Amazon.
    HSBC Global Research analyst Adam Fox-Rumley cut his price targets on AT&T, T-Mobile, and Verizon.  ( 22 min )
    Bill Gates Makes Billion-Dollar Bet On Heineken Just Before Budweiser Controversy, Threatening The Beer Giant's Top Ranking
    Billionaire and Microsoft Corp. Co-Founder Bill Gates continues to make waves with his latest venture into the beer industry. Gates made headlines by acquiring a substantial stake in Heineken Holding NV (OTC:HEINY), a Dutch company worth nearly $1 billion. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families The transaction, which occurred on Feb. 17, involved Gates purchasing 10.8 million shares valued at $939.87 mi  ( 8 min )
    Apple VR headset launch live: Tim Cook to unveil brand's first headset
    Apple shares have reached an all-time high as the tech company prepares to unveil its long-awaited virtual reality headset.  ( 31 min )
    The alt-right economy is failing. Here’s the real performance of anti-woke entrepreneurs
    Anti-woke entrepreneurs seem to have forgotten the most basic requirement of capitalism: to make a profit.  ( 10 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 16 min )
    Chicago Walgreens redesigned with only 2 aisles available for browsing, the rest behind counters: report
    A renovated Walgreens store in downtown Chicago now only has two aisles of products available for public browsing while the rest is behind counters.  ( 7 min )
    Tesla China Sales Eke Higher In May. TSLA Stock Doubles Since January Lows
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    Top Dividend Stocks for June 2023
    BRY, GNK, EGLE, CALM, and SFL lead peers by forward dividend yield  ( 24 min )
    Cryptocurrency Prices And News: Bitcoin Slides; Elon Musk's Dogecoin Puppy Love Is On The Rocks
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    S&P 500 Set to Enter Bull Market as Fed Fuels Dip-Buying Surge
    (Bloomberg) -- The S&P 500 Index is heading toward a bull-market milestone after stocks rallied back from last year’s lows on optimism the Federal Reserve is nearing the finish line of its interest-rate hikes. Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS F-16 Triggers Sonic Boom Pursuing Cessna That CrashedSaudi Shoulders Burden to Support  ( 7 min )
    Stocks rise, oil rises after Saudi output cut: Stock market news today
    US stocks moved higher Monday, with contracts on the S&P 500 (^GSPC), the Dow Jones Industrial Average (^DJI), and on the Nasdaq Composite (^IXIC) were flat.  ( 8 min )
    How Tesla Stock Could Have Its Own ‘ChatGPT Moment’
    Canaccord analyst George Gianarikas has an idea for a price reduction that investors would probably love.  ( 22 min )
    I Want to Gift Money. How Much Can I Give Without Owing Taxes?
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    How Can I Tell If the Rule of 55 Applies to My Retirement Situation?
    Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you'll trigger an IRS tax penalty of 10%. The good news … Continue reading → The post What Is the Rule of 55 and How Does It Work? appeared first on SmartAsset Blog.  ( 9 min )
    I Won the Lottery! Just How Killer Are Taxes Going to Be For It?
    Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you'll probably owe more when taxes are due, … Continue reading → The post How Taxes on Lottery Winnings Work appeared first on SmartAsset Blog.  ( 10 min )
    What Happens If I Don't Take an RMD?
    Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 from 70.5. The SECURE 2.0 Act, though, raised the age for … Continue reading → The post How to Calculate Required Minimum Distribution (RMD) appeared first on SmartAsset Blog.  ( 14 min )
    Dow Jones Futures: Apple's 'Flex The Muscles Moment' Arrives; Oil Prices Rise On Saudi Move
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    Oil Prices Boost Chevron, Exxon Mobil, Energy Stocks As Saudi Arabia Rattles Short Sellers
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    Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
    Strategists led by Michael Wilson said in a note on Monday that they expect earnings to rebound sharply, with a 23% jump next year. Morgan Stanley predicted the index to rebound to 4,200 levels in 2024 while keeping its 2023-end target unchanged at 3,900. A slew of positive news, with expectations of a Fed pivot, persistent improvement in liquidity, and AI-related tailwinds to mega-cap names such as Nvidia Corp, have buoyed indexes so far, Morgan Stanley said.  ( 7 min )
    5 stock market trends to watch this summer
    It's time to call out some trends to watch in the stock market before hitting the surf and sand.  ( 10 min )
    Crazy Rich Investors Dump Stocks And Buy This Instead
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    Apple Stock Is on Track for Record Closing High. It Could Keep Going.
    Investors are awaiting news from the company's Worldwide Developers Conference, including the expected launch of a mixed-reality headset.  ( 25 min )
    KKR to Buy Circor International in $1.6 Billion Deal
    The deal for the pump-and-valve maker counts as a relatively large leveraged buyout as financing for such takeovers has become more scarce.  ( 28 min )
    Analyst Report: Xylem Inc
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    Analyst Report: Dell Technologies Inc
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    KKR to buy machinery maker Circor in $1.6 billion deal
    KKR said it will pay $49 a share, sending the shares of Massachusetts-based Circor surging 49% to $47.20 in premarket trading. Circor, which has about 3,100 employees, makes pump and valve systems for sectors including industrial, aerospace, defense, oil and gas. The Wall Street Journal first reported the deal, citing people familiar with the matter.  ( 7 min )
    Daily Spotlight: Rally Stretches Stock Valuations a Bit
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    Nio Earnings: Delivery Guidance, New EVs In Focus As Nio Stock Struggles
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    How the ‘Amazon of Asia,’ founded by a Harvard Business School dropout, landed on the Fortune 500 for the first time
    Newly-profitable Coupang, which serves customers in South Korea and Taiwan, joins the Fortune 500 list at No. 195.  ( 10 min )
    This Bud’s for You: Time to Buy Anheuser-Busch InBev
    The global beer conglomerate finds itself caught up in a distinctly American uproar. But for long-term investors, the Bud Light brouhaha could be a rare buying opportunity.  ( 27 min )
    Daily – Vickers Top Insider Picks for 06/05/2023
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    Daily – Vickers Top Buyers & Sellers for 06/05/2023
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    Analysis-US hotel developers run out of cash as construction lending dries up
    Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Hotel developers, private equity firms, and general contractors told Reuters the financial stress on regional banks -- the largest lenders to hotels and other commercial real estate markets -- has forced developers to postpone projects or find other creative ways to raise capital. The hotel industry's predicament highlights the impact on the broader U.S. economy of the regional banking crisis, which resulted in the failure of three mid-sized U.S. lenders and prompted a flight in deposits to larger banks.  ( 8 min )
    PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street
    (Bloomberg) -- For the majority of PayPal Holdings Inc. analysts, the only way is up. Trouble is, the stock keeps going down.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaAbout two thirds of the more than 50 Wall Street firms c  ( 8 min )
    Analysis-Stelara patent deal puts J&J back on path to $57 billion 2025 revenue forecast
    Johnson & Johnson's legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 could make the drug a larger contributor to J&J’s 2024 and 2025 sales than Wall Street is forecasting. Stelara, introduced in 2009, has been J&J’s top-selling drug since 2019, with sales reaching $9.7 billion in 2022. Its patents begin to expire this year, opening the door to a cheaper biosimilar entering the market, and raising expectations that the company would need to lower the $13,000 per month price of Stelara.  ( 8 min )
    Apple Set for Record High Ahead of Mixed-Reality Headset Launch
    (Bloomberg) -- Apple Inc. is on pace to close at a record high ahead of its most significant product launch event in nearly a decade, after benefiting from a broader rotation back into technology stocks.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fea  ( 7 min )
    Trudeau Is Betting $9 Billion on a Plan to Clean Up the World’s Dirtiest Oil
    (Bloomberg) -- Canada is staking billions of dollars of public money on an oil industry plan to transform one of the world’s dirtiest crudes into one of the cleanest. But it’s relying on a technology with a checkered track record to prolong the life of a business critics say belongs in the history books.The tar that infuses the sands in Canada’s remote northwest is so sticky the region’s indigenous people traditionally used it to waterproof their canoes. It wasn’t much use for anything else unti  ( 11 min )
    The Fed’s Interest Rate Strategy Is Getting Tricky as Plans to Skip a Hike Emerge
    (Bloomberg) -- The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation: Chair Jerome Powell seems intent on skipping an interest-rate increase, while explaining to the public that officials aren’t done yet.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Supp  ( 8 min )
    Stocks to Watch Monday: Palo Alto Networks, Oil Stocks, Nvidia
    ↗️ Palo Alto Networks (PANW): The stock will join the S&P 500 benchmark, replacing Dish Network (DISH), the index compiler S&P Dow Jones Indices said. Shares in Palo Alto Networks gained mor  ( 20 min )
    Commodities Slide as Investors Bet on Economic Slowdown
    Commodity prices are in retreat, signaling a deceleration in the world economy but lending central banks a hand in their fight against inflation.  ( 28 min )
    How a former Google scientist is trying to ride the wave of China's ChatGPT-led AI boom
    No content preview
    U.S. Stock Futures Pause With PMIs in Focus After Jobs Report
    U.S. futures paused on Monday after stocks tore higher on Friday after the latest jobs report. As investors look ahead to the Federal Reserve’s monetary policy decision next week, services-sector data due in the day ahead are in focus. Futures for the Dow Jones Industrial Average advanced 30 points  ( 27 min )
    Oil Prices Rally After Saudis Vow Additional Cuts of 1 Million Barrels a Day
    Crude oil futures opened the trading week higher after Saudi Arabia said that it was cutting production on top of OPEC+ reductions. Most-actively Brent crude oil contracts jumped, and recently stood more than 2.2% higher at $77.84 a barrel. The equivalent contract for the U.S. benchmark, West Texas  ( 20 min )
    These Stocks Are Moving the Most Today: Palo Alto, Dish Network, C3.ai, Caesars Entertainment and More.
    The shares moving the most today.  ( 22 min )
    A company replaced all of its managers with coaches. Employees became 20% more productive–and much happier
    Our managers were all replaced with coaches, with a ratio of one coach per six employees.  ( 8 min )
    Tesla's China-made EV sales rose 2.4% in May from April - CPCA
    U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, data from the China Passenger Car Association (CPCA) showed on Monday. That represented a 2.4% jump from April when Tesla sold 75,842 locally made Models 3 and Y in the world's largest auto market. On a yearly basis, sales rose 142% in May from 32,165 vehicles in the same month of 2022 when Shanghai, where its factory is located, was still subject to COVID-19 containment measures, disrupting production.  ( 6 min )
    Morgan Stanley Strategist Sees European Stocks Falling 10% This Summer
    (Bloomberg) -- European stocks may drop as much as 10% over the next few months.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises After Saudis Pledge Million-Barrel Cut at OPEC+ MeetMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaThat’s the view of Morgan Stanley strategists led by Graham Secker, who expect the MSCI Europe Loca  ( 8 min )
    Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
    There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan currency strategists said in a note on Monday. "Putting together various measures, overall USD usage remains within its historical range with the dollar at top of the pack, but usage is bifurcated under the hood," strategists Meera Chandan and Octavia Popescu at the Wall Street bank wrote. "De-dollarisation is evident in FX reserves where (the dollar's) share has declined to a record as share in exports declined, but is still emerging in commodities," the strategists said.  ( 6 min )
    The Price of Oil Could Run Up Soon. 6 Stocks to Play It.
    At just over $71 a barrel, WTI crude remains above a key “support” level in the high-sixties.  ( 22 min )
    Stock market today: Asian stocks follow Wall St up after strong US jobs report
    Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data suggested a possible recession might be further away, while smaller wage gains stoked hopes inflationary pressures are weakening. Shanghai, Hong Kong and Seoul also rose. Wall Street's benchmark S&P 500 index leaped 1.5% on Friday, putting it on the verge of entering what traders call a “bull market” after rising nearly 20% in seven months.  ( 8 min )
    Novo Nordisk in talks buy controlling stake in Biocorp
    The Danish company said it had entered into exclusive negotiations with Bio Jag, Biocorp's main shareholder, for the purchase of its over 45% stake in the French company at a price of 35.0 euros ($37.44) per share in cash. The price represents a premium of 19.5% over Biocorp's closing market price on June 2 and the transaction values Biocorp at about 154 million euros, the companies said. Certain minority shareholders, representing 19.0% of the share capital of Biocorp, will also transfer shares to Novo Nordisk and the transaction will be followed by a squeeze-out procedure.  ( 7 min )
    US banks could face 20% hike to capital requirements - WSJ
    U.S. regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average, the Wall Street Journal reported on Monday, to boost the financial system's resilience after a spate of midsize bank failures this year. Regulators are on track to propose the changes as early as this month, the WSJ reported, citing people familiar with the matter. Last month, the U.S. Federal Reserve's top regulatory official told Congress that the central bank would likely unveil its plan to ratchet up capital rules for banks this summer and ensure supervisors more aggressively police lenders following the bank failures.  ( 6 min )
    A Wall Street trader made a $7.5 million windfall on a suspiciously-timed investment ahead of a surprise debt limit deal concession
    No content preview
    Dollar edges up as US rates seen higher for longer
    The dollar firmed against major peers in Asian trading after a robust U.S. jobs report spurred traders to price in higher interest rates for longer. The Australian dollar erased early losses after a report showed a pick-up in services activity in key trading partner China. The Canadian dollar proved resilient, buoyed by a spike in crude oil prices.  ( 7 min )
    Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts
    A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said. Oil prices jumped more than $1 a barrel on Monday as the Saudi energy ministry said on Sunday its output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the kingdom's biggest reduction in years. The voluntary cut pledged by Saudi is on top of a broader deal by the Organization of the Petroleum Exporting Countries and their allies including Russia to extend production cuts into 2024 as the group seeks to boost flagging oil prices.  ( 8 min )
    Stocks slide as debt ceiling vote looms, jobs data stays hot: Stock market news today
    US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Morgan Stanley Sees Shock 16% US Profit Drop Killing Stock Rally
    (Bloomberg) -- Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at odds with Wall Street estimates. Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime Membe  ( 7 min )
    Asian shares extend global rally; oil prices jump on Saudi cuts
    Asian shares extended a global rally on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed U.S. jobs report, while oil jumped as Saudi Arabia pledged big output cuts in July. Brent oil jumped $1.82, or 2.4%, to $77.95 a barrel, while U.S. crude climbed $1.77, or 2.4%, to $73.51. Oil prices have recently come under pressure amid heightened concerns about China's slowing economic recovery.  ( 8 min )
    Asian Stocks Extend Global Rally; Oil Advances: Markets Wrap
    (Bloomberg) -- Asian stocks were poised to climb Monday after the S&P 500 rose to the cusp of a bull market amid strengthening bets for a Federal Reserve rate pause this month. Oil rallied on a supply cut from Saudi Arabia.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-Chin  ( 8 min )
    Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
    (Bloomberg) -- Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production to the lowest level for several years after a plunge in crude prices.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fails to Stem Asia  ( 9 min )
    Don’t Ask Us to Come to the Office More —  Or We Will Quit, Investors Say
    (Bloomberg) -- Financial professionals have a warning for their employers: Don't ask me to come in to the office more often, or I’ll quit.Most Read from BloombergMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineQatar Airways Plans for Future Without First Class on Long-HaulOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetThat's according to the latest Ma  ( 9 min )
  • Open

    Markets Drop as Early Session Gains Fade in the Afternoon
    Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 1 min )
    Dow Jones Today: Apple Headset Can’t Lift Index
    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 1 min )
    Markets Mixed at Midday as Apple Shares Trade at an All-Time High
    U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 1 min )
    Oil Futures Gain as Saudi Arabia Signals More Output Cuts
    Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 1 min )
    5 Things to Know Before Markets Open
    Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 1 min )
  • Open

    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years
    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 1 min )
    Sales of Tesla EVs Made in China Soar
    Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 1 min )
    GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
    GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 1 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 1 min )
  • Open

    Eerste hulp bij gras: zo houd je je gazon groen en gezond nu het erg droog is
    Na een koel en fris voorjaar genieten Nederlanders momenteel massaal van de zon. Alleen is dat lekkere weer minder goed voor je gazon. Hoe zorg je er ondanks de droogte voor dat jouw gras groener is dan bij de buren?  ( 6 min )
    Apple kondigt iOS 17 met nieuwe dagboekapp aan
    Het nieuwe besturingssysteem voor de iPhone, iOS 17, is een relatief kleine update ten opzichte van iOS 16. Wel komt er een gloednieuwe dagboekapp en wordt een nieuwe stand-bymodus toegevoegd. Ook presenteerde Apple vernieuwingen voor Macs.  ( 4 min )
    Europese gasprijs stijgt hard doordat andere landen ook meer vloeibaar gas willen
    De Europese gasprijs is maandag voor het eerst sinds maart tot 20 procent gestegen. Dat komt voornamelijk doordat steeds meer Aziatische landen proberen vloeibaar gemaakt aardgas (lng) te bemachtigen. De markt voor lng wordt daardoor krapper.  ( 3 min )
    Stormloop op hooikoortsmiddelen door droog en warm weer
    Hooikoortspatiënten bestellen de laatste weken massaal pillen, sprays en druppels. De verkopen zijn veel hoger dan gebruikelijk in deze tijd van het jaar. Dat merkt A.S. Watson, het bedrijf achter drogisterijketens Trekpleister en Kruidvat.  ( 3 min )
    VDL gaat fietsframes van eigen bodem maken
    VDL Groep, die ook eigenaar is van VDL Nedcar, gaat aluminium fietsframes maken. Het daarvoor opgerichte VDL Bike Frame strijkt neer in Breda.  ( 2 min )
    Gokbedrijf Bingoal krijgt boete voor reclame gericht op jongeren
    Bingoal heeft van de Kansspelautoriteit een boete van 400.000 euro gekregen. Het sportgokbedrijf richtte zich in een reclame op jongvolwassenen in de leeftijd van 18 tot 24 jaar. Dat is verboden.  ( 3 min )
    Jumbo bekijkt of het met sommige producten wat minder kan
    Supermarktconcern Jumbo gaat terug naar de kern. Waar in het verleden een product werd toegevoegd als een klant erom vroeg, houdt de keten het assortiment nu kritisch tegen het licht.  ( 3 min )
    Verlenging van deal over importban Oekraïens graan op komst
    Het blijft voor Oekraïne waarschijnlijk verboden om graan te verkopen in vijf Oost-Europese landen. De landen vrezen voor concurrentie van het goedkopere Oekraïense graan en dwongen vorige maand al een tijdelijk verbod af, dat maandag afloopt. Een verlenging tot september is in de maak.  ( 3 min )
    Viaplay waarschuwt voor mindere resultaten doordat mensen op de kleintjes letten
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Veel zon zorgt voor zonnepanelenrecord en soms zelfs voor geld terug
    Niet eerder is er zoveel energie opgewekt met zonnepanelen als in de maand mei. Het is ook voor het eerst dat deze hernieuwbare bron meer energie opleverde dan biomassa, zo blijkt uit cijfers van Energieopwek.nl.  ( 3 min )
    Formule 1 en Premier League brengen Viaplay niet wat ervan verwacht werd
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Zwitserse bankenreus krijgt op 12 juni gestalte
    UBS rondt de overname van branchegenoot Credit Suisse naar verwachting op 12 juni af. Daarmee ontstaat een Zwitserse bankenreus met een balanswaarde van 1,6 biljoen dollar (1,7 biljoen euro).  ( 3 min )
    Gemiddelde hypotheekrente blijft al maanden ongeveer gelijk
    De langlopende hypotheekrentes zijn in 2023 nauwelijks veranderd, ziet De Hypotheker. Ook maakt het nauwelijks meer uit of je de rente vastzet voor tien, twintig of dertig jaar.  ( 3 min )
    Qatar Airways stopt straks met eersteklas
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Drie op de vier ondernemers kunnen hogere kosten niet doorberekenen aan klant
    Drie kwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan de klant. Dat komt vooral doordat ze bang zijn om klanten kwijt te raken aan de concurrentie. Bovendien zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 3 min )
    Een op de twintig bedrijven heeft problematische schulden
    Zo'n 5 procent van de bedrijven in Nederland dreigt door schulden in de knel te raken. Het gaat om vijfduizend tot tienduizend ondernemingen. Onder meer in de horeca vrezen veel ondernemers dat ze niet meer aan hun betalingsverplichtingen kunnen voldoen.  ( 3 min )
    Meer mensen met zwaar beroep kunnen eerder stoppen met werken
    In steeds meer sectoren kunnen we met vervroegd pensioen. Dat betekent dat iemand met een zwaar beroep bijvoorbeeld drie jaar eerder kan stoppen met werken, maar daar wordt nauwelijks gebruik van gemaakt.  ( 5 min )

  • Open

    Principal Residence Exclusion: Definition, Amount, IRS Rules
    Understand how to leverage the principal residence exclusion to reduce or eliminate paying capital gains tax.  ( 20 min )
    The Tax Implications of Opening a Foreign Bank Account
    The tax implications of opening a foreign bank account are complicated, as the IRS is hostile to U.S. citizens holding such accounts.  ( 23 min )
    Kelley School of Business at Indiana University Definition
    The Kelley School of Business is the business school of Indiana University. It offers programs in finance, accounting, marketing, and management.  ( 19 min )
    Acid-Test Ratio Definition: Meaning, Formula, and Example
    The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities.  ( 25 min )
    How Long Should You Keep Bank Statements?
    Electronic statements should be accessible for as long as you'll need them. If you get paper statements, keep them for at least a year and then shred them.  ( 22 min )
    Tax Loophole for Deducting Home Equity Loan Interest
    Some homeowners can still qualify for a tax deduction on home equity loan interest thanks to a loophole, but only if they meet certain criteria.  ( 23 min )
    What Is Bad Debt? Write Offs and Methods for Estimating
    Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible.  ( 24 min )
    Green Economics: Overview, Criticisms, FAQ
    Green economic theories encompass a wide range of ideas, all dealing with the interconnected relationship between people and the environment.  ( 23 min )
    Turkish New Lira (TRY) Definition
    TRY is the abbreviation for the domestic currency used in the Turkish Republic of Northern Cyprus as well as in Turkey.  ( 18 min )
    After-Tax Basis Definition
    After-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which had a higher yield.  ( 18 min )
    9 Easy Ways to Increase Your Gas Mileage
    Improved gas mileage is good for your wallet, good for your car, and good for the environment. Here's how to achieve it.  ( 21 min )
    Collection Agency Definition
    A collection agency is a company used by lenders to recover funds that are past due or from accounts that are in default.  ( 21 min )
    Coincheck Definition
    Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.  ( 22 min )
    How to Transfer a 401(k) to a New Employer
    If you're changing jobs you may have the option to roll over your 401(k) into a plan. Learn more about how to transfer a 401(k) to new job.  ( 24 min )
    Budget Control Act (BCA)
    Budget Control Act is a 2011 federal statute to increase the United States' debt ceiling, thereby avoiding the risk of sovereign debt default.  ( 22 min )
    Valuing Startup Ventures
    Valuing a company is a difficult task, regardless of the size of the business—but here are some methods that can help.  ( 28 min )
    What Is Insider Trading, and When Is It Legal?
    Insider trading is using material non-public information to trade stocks and is illegal unless that information is public or not material.  ( 26 min )
    Determining Where to Set Your Stop-Loss
    Determining stop-loss is about targeting an allowable risk threshold and should be strategically derived with the intention of limiting loss.  ( 21 min )
    Bought Deal: Meaning in Initial Public Offerings
    A bought deal is a securities offering in which an investment bank commits to buy the entire offering from the client company.  ( 19 min )
    Relativity Trap Definition
    A relativity trap is a psychological or behavioral bias that leads people to make irrational choices with their spending decisions.  ( 23 min )
    What Are the Main Problems With a JIT (Just in Time) Production Strategy?
    Learn about the just in time (JIT) production strategy and how the precise coordination and timing it requires can end up costing a business money.  ( 19 min )
    What Are Shares? Meaning and How They Compare to Stocks
    Shares are a unit of ownership of a company that may be purchased by an investor.  ( 23 min )
    Movie vs. TV Industry: Which Is More Profitable?
    Which entertainment sector is more profitable: movies or TV? Let’s take a look. You might be surprised by the results.  ( 19 min )
    Transportation Bond Definition
    A transportation bond is a fixed-income security issued by a municipality to fund infrastructure needs related to public transportation.  ( 19 min )
    Modified Accrual Accounting: Definition and How It Works
    Modified accrual accounting is a bookkeeping method commonly used by government agencies that combines accrual basis accounting with cash basis accounting.  ( 19 min )
    What Is an Amendment? Definition, How It Works, and Example
    An amendment is a change or addition to the terms of a contract agreement, government document, or law.  ( 19 min )
    What Are the Different Types of Margin Calls?
    Learn the differences between margin calls and fed margin calls while reviewing the definitions of each and how to satisfy each call.  ( 20 min )
    Marginal Cost Meaning, Formula, and Examples
    Marginal cost is the change in total cost that comes from making or producing one additional item.  ( 28 min )
    Global Market Downturn Unmade 800,000 Millionaires In 2022
    The world’s richest people saw the biggest decline in wealth in more than a decade in 2022, with high net worth individuals losing $3 trillion collectively.  ( 17 min )
    Understanding Austerity, Types of Austerity Measures & Examples
    Austerity is defined as a state of reduced spending and increased frugality.  ( 25 min )
    Four Scandalous Insider Trading Incidents
    The SEC has always pursued insider trading as a key element of its activities. Here are a few of the most notable cases throughout the years.  ( 24 min )
    Safe Deposit Boxes: Store This, Not That
    Safe deposit boxes can keep certain valuables safe, but don't use one for anything you’ll need easy access to. Learn what you should, and should not, put in a safety box.  ( 25 min )
    Best Ways to Send Large Sums of Money Abroad
    It can be difficult to send large sums of money abroad. Learn more about the top five safest ways to send and receive large sums of money internationally.  ( 22 min )
    What Is a Chargeback? Definition, How to Dispute, and Example
    A chargeback is a charge that is returned to a payment card after a customer successfully disputes an item on their account transactions report. Learn more.  ( 21 min )
    What Is Hyperinflation? Causes, Effects, Examples, and How to Prepare
    Hyperinflation describes rapid and out-of-control price increases in an economy. Learn the causes of hyperinflation and how it can impact everyday consumers.  ( 27 min )
    Proof of Funds (POF): Definition, What Qualifies, and How to Get
    Proof of funds (POF) refers to a document that demonstrates a person or entity has the ability and funds available for a specific transaction.  ( 22 min )
    Lockbox Banking: Definition, How It Works, Risks, and Cost
    Lockbox banking is a service provided by banks to companies for the receipt of payment from customers.  ( 22 min )
  • Open

    Oil jumps 2% on Saudi plan to deepen output cuts from July
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 7 min )
    Oil prices jump more than $2/bbl after Saudi pledges to cut more output
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 6 min )
    Biden Debt-Bill Signing Set to Unleash Tsunami of US Debt Sales
    (Bloomberg) -- President Joe Biden’s signature of legislation suspending the federal debt ceiling has given the Treasury Department the green light to resume net new debt issuance after months of disruption.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fail  ( 7 min )
    Elon goes to China, Rivian is selling stock for $3 billion, and Fiat's cutest tiny EV
    The biggest news this week has been Elon Musk’s visit to China, a move that has the potential to strengthen Tesla’s ties with the world’s largest auto market. It’s Musk’s first visit since the COVID-19 pandemic, and his commitment to China isn’t surprising given how much China’s vehicle sales carry the automaker’s global sales. In Q1, China accounted for over half of Tesla’s deliveries.  ( 12 min )
    Amazon is unfazed by remote workers protesting its return-to-office mandate: ‘There’s more energy, collaboration, and connections happening’
    "It’s going to take time to adjust back to being in the office more," a spokesman said after a walkout this week.  ( 9 min )
    GameStop, Brown-Forman, Campbell Soup, NIO, Ciena, and More Stocks to Watch This Week
    Earnings reports from Gitlab, Ciena, J.M. Smucker, Brown-Forman, Campbell Soup, GameStop, DocuSign, Vail Resorts, and NIO. Plus, services PMI and durable goods.  ( 23 min )
    Saudi Arabia slashes oil production and threatens to do 'whatever is necessary' to boost prices
    Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged to do “whatever is necessary” to prop up sagging prices.  ( 8 min )
    Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that's resurfaced
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    The stock market's new normal is a future of neverending chaos
    No content preview
    Bill Ackman wants Jamie Dimon to run for president. Here's what Warren Buffett, Bill Clinton, and others have said about the JPMorgan chief's political potential.
    No content preview
    Restaurant Chain Cava Set to Launch IPO
    Executives aim to sell the shares for between $17 and $19 apiece. The high end of that range would value Cava at around $2.2 billion.  ( 29 min )
    Zombie Mortgages Could Force Some Homeowners Into Foreclosure
    Homeowners say they are getting bills and foreclosure threats on second mortgages they thought were taken care of long ago.  ( 23 min )
    Dow Jones Futures: Market Rally Shows Character Change; Tesla, Apple In Focus
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    Chuck Todd to Be Replaced by Kristen Welker on NBC’s ‘Meet the Press’
    Todd, who has anchored the Sunday program since 2014, will step down in September.  ( 28 min )
    Why Employees Should Have an IRA Separate From Their Work 401(k)
    Doubling up retirement plans adds some complexity, but it could be worth it.  ( 27 min )
    Airbus heads towards 500-jet IndiGo order
    Airbus is closing in on a potentially record deal to sell 500 narrowbody A320-family jets to India's largest carrier, Indigo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India's historic provisional purchase of 470 jets in February, the sources said on the sidelines of an airline industry meeting in Istanbul. Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said.  ( 6 min )
    The Best Remote Jobs for American Retirees
    While retirement may be associated with leaving the workforce behind, most Americans plan to work past the age of 65. In fact, a 2022 study from the Transamerica Center for Retirement Studies found that around 57% of workers plan to … Continue reading → The post Best Work-from-Home Opportunities for Retirees appeared first on SmartAsset Blog.  ( 10 min )
    Do Bump-Up CDs or Regular CDs Have Higher Yields?
    Certificates of deposits are some of the safest investments you can make. They are not dependent on the stock market, they are protected by deposit insurance and they have clear terms that you understand going in. A bump-up CD, also … Continue reading → The post What Is a Bump-Up CD and How Is it Used to Increase Your APY? appeared first on SmartAsset Blog.  ( 8 min )
    Debt ceiling done, Fed goes quiet: What to watch this week
    With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.  ( 10 min )
    Can I Retire Comfortably at 65 With $1 Million?
    Retiring when you're in your 60s or younger is the goal for every worker. But can you retire comfortably at the age of 65 with $1 million? For some people, yes. But the true answer is that there is no … Continue reading → The post Can I Retire at 65 With $1 Million? appeared first on SmartAsset Blog.  ( 10 min )
    Is $2 Million Enough to Retire Comfortably on at 55?
    It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 11 min )
    How Do 401(k) Employer Matches Really Work?
    Changes to federal law governing retirement savings plans allow employers to make matching contributions to employees' 401(k) accounts using after-tax dollars as with a Roth 401(k). Employees get to choose whether contributions will be made after-tax or pretax. However, the … Continue reading → The post How Roth 401(k) Matching Works With Your Employer appeared first on SmartAsset Blog.  ( 8 min )
    US Cities Where High Earners Lose The Most To Taxes and Cost of Living
    An annual income of $250,000 won't put you in the top 1% of earners, but it will get you close to it. That's because only 7% of households in the United States earn $250,000 per year1. How far that income … Continue reading → The post Where High Earners Lose The Most To Taxes and Cost of Living - 2023 Study appeared first on SmartAsset Blog.  ( 10 min )
    VW Is on a Hunt for Resources to Remove China From Its EV Batteries
    Volkswagen is the latest carmaker to invest in securing its own supplies for building batteries—and capturing more profits.  ( 29 min )
    Record demand for 35-year mortgages as first-time buyers face soaring rates
    A record share of first-time buyers are taking out mortgages with terms of 35 years or more as soaring costs force more Britons to sign up to a lifetime of debt.  ( 7 min )
    When Nikola and Bed Bath & Beyond Stock Dove, a Big Investor Held On
    California State Teachers’ Retirement System, the second-largest U.S. pension, didn’t budge on first-quarter stock losers Nikola, Bed Bath & Beyond, KeyCorp, and Zions.  ( 23 min )
    German car makers join the race to avert a Brexit ‘cliff edge’ disaster for EVs
    German car makers are ramping up pressure on Brussels to avoid a post-Brexit “cliff edge” for the auto industry as officials in Whitehall race to strike a deal.  ( 9 min )
    Investing Action Plan: Tesla, Apple In Focus With Earnings Season Finally Slowing
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    China’s Recovery Is ‘Sputtering.’ Consumers Are Keeping the Economy Afloat.
    Retailers are seeing strong growth in China after years of pandemic restrictions. The recovery is tenuous, analysts say.  ( 22 min )
    ETF Providers Rush to Tap Into AI Investing Craze
    New actively managed funds are giving investors broader exposure to artificial intelligence development.  ( 27 min )
    OPEC+ meets to debate production quotas, new cut - sources
    OPEC and its allies will meet on Sunday to debate a new deal possibly adjusting countries' output quotas and a further cut in production, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude, meaning its policy decisions can have a major impact on oil prices. Three sources familiar with OPEC+ discussions have told Reuters that additional production cuts were being discussed among options for Sunday's session.  ( 7 min )
    Many Biotechs Have Net Assets That Top Their Market Values
    There are 23 biotechs with negative enterprise values in the XBI and the iShares Biotechnology ETFs.  ( 22 min )
    Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
    The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The 23-member group is meeting Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among the oil cartel's members, has warned speculators that they might get burned by betting on lower prices.  ( 9 min )
    The gigantic North Sea oil field that could be Britain’s last
    Roughly 80 miles west of the Shetland Islands, on the edges of the North Atlantic, the biggest undeveloped oil field in UK waters sits deep beneath the waves.  ( 10 min )
    After Month of Pain, Euro Bulls Look to Fed Pause for Relief
    (Bloomberg) -- Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk the common currency.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With  ( 9 min )
    Housing Ended Spring With a Whimper. What’s Next for Prices, Mortgage Rates.
    Higher mortgage rates stopped both home buyers and sellers in their tracks in the spring, putting an end to the pandemic home-buying boom. Summer might not be better.  ( 22 min )
    OPEC Latest: Fight Over African Members Hangs Over Talks
    (Bloomberg) -- OPEC+ ministers meet on Sunday to hash out a deal on oil production after a last-minute fight with African members threatened to derail the gathering.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With Inflation  ( 8 min )
    THG braced for shareholder revolt over ‘unjustified’ salary for new finance chief
    Former British tech champion THG is facing a shareholder revolt at its investor meeting that risks deepening chief Matthew Moulding’s dislike of the London market.  ( 7 min )
    Saudi Arabia, Some OPEC Members Clash Over Oil-Production Quotas
    OPEC and its allies meet Sunday in Vienna to decide on an output plan.  ( 29 min )
    Bearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech
    Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.  ( 27 min )
  • Open

    Driekwart ondernemers kan hogere kosten niet doorberekenen aan klant
    Driekwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan klanten. Dat komt vooral omdat ze bang zijn om klanten kwijt te raken aan de concurrentie. Ook zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 4 min )
    Onenigheid met Afrikaanse leden OPEC+ over olieproductiedoelen
    Afrikaanse leden van oliekartel OPEC+ worden steeds meer onder druk gezet om de ruimte binnen hun doelstellingen voor olieproductie op te geven. Die ruimte willen de Verenigde Arabische Emiraten (VAE) graag gebruiken om zelf meer te kunnen produceren. Vooral Angola en Nigeria halen hun doelstellingen niet.  ( 3 min )
    Egypte zet sleepboten in voor tanker met pech in Suezkanaal
    Egypte heeft drie sleepboten ingezet om een olietanker met motorpech in het Suezkanaal weg te slepen. Die tanker stremt het verkeer in de kortste scheepvaartroute tussen Azië en Europa.  ( 3 min )
    Topman Qatar Airways: eersteklas verdwijnt in nieuwe vliegtuigen
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Belangrijke conferentie Apple staat in teken van VR-bril
    Voor Apple-fans is het lange wachten eindelijk voorbij: maandag lanceert de techreus naar alle waarschijnlijkheid na vele jaren weer een belangrijk nieuw product. Apple komt op zijn jaarlijkse ontwikkelaarsconferentie WWDC volgens vele geruchten met een eigen virtualreality-bril (VR).  ( 4 min )
    Zeepmaker Henkel heeft optie voor terugkopen activiteiten Rusland
    De Duitse zeepmaker Henkel, bekend van merken als Pritt en Persil, heeft de mogelijkheid om zijn activiteiten in Rusland binnen nu en tien jaar terug te kopen. Voorwaarde is wel dat de omstandigheden in en de relatie met dat land "fundamenteel" veranderen.  ( 3 min )
    Video | Waarom je zonnepanelen in de lente het meeste opbrengen
    Steeds meer Nederlanders hebben zonnepanelen op het dak liggen. Maar wanneer produceren deze panelen nou de meeste stroom?  ( 3 min )
    Goedkoper op vakantie door sterke euro? Dat valt te bezien
    We krijgen deze zomer meer dollars, kronen, lira’s en Antilliaanse guldens voor een euro. De waarde van onze munt bij een wisselkantoor zit in de lift. Dat kan interessant zijn richting het vakantieseizoen. Maar je reis wordt er niet altijd goedkoper van.  ( 6 min )
    De comeback van de basisbeurs is (bijna) een feit, maar niet voor alle studenten
    Als de Eerste Kamer dinsdag met de herinvoering van de basisbeurs instemt, krijgen studenten vanaf september weer maandelijks een bedrag dat na hun opleiding een gift wordt. Dat is een opluchting voor veel studenten, al is het wetsvoorstel volgens velen verre van perfect.  ( 5 min )

  • Open

    Vostro Account: Definition, Purpose, Services, and Example
    A vostro account is an important part of correspondent banking in which a foreign bank provides financial services on behalf of a domestic bank.  ( 22 min )
    Secured Overnight Financing Rate (SOFR) Definition and History
    The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that replaced LIBOR.  ( 22 min )
    Top 6 Marriage-Killing Money Issues
    Strengthen your marriage by understanding and dealing with these six major financial stressors.  ( 30 min )
    The Rules of a 401(k) Hardship Withdrawal
    You can take funds from your retirement account for immediate and pressing financial needs. But you'll pay a price for doing so.  ( 23 min )
    Crossed Check: Definition, Meaning, and How It Works
    A crossed check is a check that has been crossed with two parallel lines, either across the whole check or through the top left-hand corner of the check.  ( 21 min )
    What Is a Basic Attention Token (BAT)? How It Tracks Consumers
    The Basic Attention Token (BAT) fuels the Brave browser, which aims to revolutionize digital advertising through blockchain technology.  ( 21 min )
    Who Is Craig Wright? Is He Really Bitcoin's Satoshi Nakamoto?
    Craig Wright claims to be Satoshi Nakamoto, the mysterious inventor of Bitcoin. But his claim is riddled with holes.  ( 24 min )
    Biden Signs Bill Ending Debt Limit Showdown
    The debt limit crisis is over. For now, at least, as President Joe Biden signed a bill Saturday suspending the nation’s self-imposed borrowing limit until January 2025.  ( 17 min )
    Empirical Rule: Definition, Formula, Example, How It's Used
    The empirical rule is a statistical theory stating that 99.7% of normally distributed data will fall within three standard deviations from the dataset's mean.  ( 26 min )
    Tezos (XTZ): Definition and How It Works in Crypto
    Tezos (XTZ) is a decentralized blockchain network with an associated cryptocurrency token and a colorful history.  ( 22 min )
    What Is Ethereum 2.0?
    The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 22 min )
    What You Need to Know About Fee-Only Financial Advisors
    Fee-only financial advisors get paid for their services, not by commission. Learn why that matters and why you may still want to hire one.  ( 28 min )
    Turbulent Global Economy Trimmed the Ranks of Billionaires in 2022
    The world’s billionaire population fell by 3.5% in the latest year, with tech, healthcare, and real estate fortunes particularly vulnerable.  ( 18 min )
    Adidas Releases Remaining Yeezy Inventory—Here’s What Kanye West’s Net Worth Is Now
    Kanye West has a net worth of $400 million as of 2023, according to Forbes. West’s net worth dropped from $2 billion after Adidas and other companies cut ties with the rapper in 2022 after antisemitic comments and offensive behavior.  ( 18 min )
    How Do Interest-Only Mortgages Work?
    Sophisticated borrowers may consider one of these interest-only loans to keep their initial mortgage payments low, but should understand the risks first.  ( 26 min )
    Irrevocable Letter of Credit (ILOC): Definition, Uses, Types
    An irrevocable letter of credit is a bank guarantee for payment by the party requesting the letter. It cannot be revoked.  ( 28 min )
    Optimize Your Portfolio Using Normal Distribution
    Normal or bell curve distribution can be used in portfolio theory to help portfolio managers maximize return and minimize risk.  ( 24 min )
    An Advisor's Role as Behavioral Coach
    Investment management is just one part of a financial advisor's role.  ( 25 min )
  • Open

    Why it's not that great that everyone is flocking to their online bank
    No content preview
    From artificial intelligence to 'absolute insanity,' these are the 3 ingredients needed to fuel the next stock market bubble
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    Bond Bulls Ignore Fed-Hike Noise and Keep Buying Yield Spikes
    (Bloomberg) -- For over a year, bond traders been whipsawed by uncertainty about how high the Federal Reserve will push interest rates. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyRich Latin Americans Transform Laid-Back Madrid Into a New MiamiChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthUS Chides China Over Defense Talks as Navy Sails by TaiwanBut that’s now giving way to a gro  ( 8 min )
    Home buyers are facing the least affordable market on record
    No content preview
    Democrats Hatch Plans to End ‘Insanity’ of Debt-Ceiling Fights
    Some lawmakers are seeking legislation or action by President Biden to avoid the recurring high-stakes standoffs on Capitol Hill.  ( 30 min )
    Billionaire investor Cliff Asness talks stocks, recession, Warren Buffett, and commercial real estate in a new interview. Here's the 8 best quotes.
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    The housing market has never been this unaffordable for new buyers
    "For new home buyers, this is the worst situation since the end of the Great Recession."  ( 6 min )
    Jim Chanos, Bank of America, and others still aren't jumping on the AI hype train
    No content preview
    JPMorgan's Jamie Dimon succession dilemma
    The industry's top banker knows he can't be the boss "forever." How much longer will he stay, and who would replace him?  ( 11 min )
    Trillion-Dollar Treasury Vacuum Is Coming for Wall Street Rally
    (Bloomberg) -- With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a N  ( 9 min )
    Don't keep your money in Venmo, PayPal, and other payment apps, CFPB warns
    Money held in popular apps like Venmo, PayPal, and CashApp are more vulnerable to financial uncertainty because they may not offer federal deposit insurance through the FDIC or NCUA.  ( 8 min )
    Palo Alto Networks To Join S&P 500 Index: Here Are All The S&P Index Changes
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    Can I Make After-Tax 401(k) Contributions?
    No content preview
    The Tentative Debt Ceiling Deal Could Affect You More Than You Think
    President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This … Continue reading → The post What the Tentative Debt Ceiling Deal Means For You appeared first on SmartAsset Blog.  ( 7 min )
    Investor Panic Ensures as Potential Consequences of a U.S. Debt Default Revealed
    Eight million is the sobering figure economists urge you to remember. If the U.S. were to default on its debt, the repercussions would be large: a staggering loss of more than 8 million jobs, accompanied by a protracted recession that could … Continue reading → The post Investor Panic: Potential Consequences of a U.S. Debt Default Revealed appeared first on SmartAsset Blog.  ( 12 min )
    Can I (Legally) Avoid Paying Tax on Dividends?
    Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.  ( 8 min )
    $300,000 Probably Won't Last You Too Long in Retirement
    How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Will an Employer Match Count Toward My 401(k) Limit?
    A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: These Stocks Are a Bargain Right Now
    Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )
    How I Can Retire Comfortably at 45 With $2 Million
    Retiring before you're 50 may sound like a pipe dream, but a nest egg of $2 million can make this a reality. The question is, how can you save that amount in only about two decades? Depending on your circumstances, … Continue reading → The post How to Retire at 45 With $2 Million appeared first on SmartAsset Blog.  ( 11 min )
    Is It Possible to Save Too Much For Retirement?
    It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Is $3 Million Enough to Retire Comfortably at 65?
    To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 8 min )
    Don't Forget: Roth IRA Income Limits For 2023
    A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 10 min )
    Can I Take Money Out of My 401(k) Even If I'm Still Employed?
    Taking money out of a 401(k) is a big decision. The specifics of how to take money out of a 401(k) plan depend on your age, employer plan, whether you're still working for the company that sponsors your 401(k) plan … Continue reading → The post How to Take Money Out of a 401(k) Plan appeared first on SmartAsset Blog.  ( 9 min )
    How to Be Smart About Artificial-Intelligence ETFs
    With all the attention on ChatGPT, here is how to choose an AI fund. They’re not all alike.  ( 28 min )
    Your early childhood skills will become more important to landing a job than your degree, says a Harvard future of work professor
    If you haven’t gone to therapy yet, here’s your sign: Addressing your childhood trauma could be critical for your career.  ( 9 min )
    S&P 500 Giant Tesla Leads Five Stocks Near Buy Points As Market Revs Up
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    Get Ready for the Full-Employment Recession
    Employment is soaring yet output is falling, by one measure. Blame a historic slump in productivity.  ( 27 min )
    A nation of quitters: US workers aren't staying at jobs for as long as they used to
    In the last decade between 2012 and 2022, the median job tenure has dropped from 4.6 years to 4.1 years.  ( 9 min )
    Even the cheapest Tesla Model 3 now qualifies for the full $7,500 tax credit
    If you're buying a Tesla Model 3 in the US, you can now get the maximum possible federal tax credit of $7,500 no matter what make you're getting.  ( 6 min )
    The Wrong Accounting Method Can Prevent You From Tax-Loss Harvesting
    If you want to use tax losses from individual equities or mutual funds to offset gains elsewhere, it is key to use an accounting system that allows you to specify which shares can be sold.  ( 22 min )
    Chip maker TSMC needs to hire 4,500 Americans at its new Arizona plants. Its ‘brutal’ corporate culture is getting in the way
    The chip giant says its Arizona hiring is on schedule, but recruiters say the company is a hard sell.  ( 14 min )
    Saudi Oil Minister Takes Combative Stance With Wall Street Speculators
    As the world’s biggest oil producers gather to decide on a production plan, the spotlight is on Prince Abdulaziz bin Salman’s fixation on traders whose bets can cause crude prices to fall.  ( 29 min )
    A New Wave of Real Estate Pain Is Coming After European Rout
    (Bloomberg) -- Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords are bracing for a new wave of pain. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the Making of Redfall, Xbox’s Latest Misfir  ( 9 min )
    Meredith Whitney, Who Predicted the Financial Crisis, Reveals Her Next Act
    Whitney rose to prominence as an Oppenheimer analyst and went on to a career in startups. Now she's ready for a new chapter.  ( 22 min )
    How Britain's broken benefits system created a 'lost generation' who no longer need to work
    It is more than a century since the first jobless benefits were paid in Britain, when David Lloyd George’s Liberal government introduced unemployment insurance through the National Insurance Act of 1911.  ( 12 min )
    Dow jumps 700 points as US stocks soar on end to the debt ceiling fight and strong May jobs report
    Markets cheered the end of the debt ceiling showdown as the Senate sent the bill to raise the US borrowing limit to President Biden's desk.  ( 7 min )
    Online Banks Are Winning the Deposit War
    Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers.  ( 28 min )
    Cash-strapped Treasury Department sells one-day bills for the first time since 2007
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    Even the biggest winners of Nvidia's stock spike are cutting back as AI hype goes into overdrive
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    Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here's What To Do Now
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  • Open

    Waar DSM en Shell hun kroon afzetten, wordt Heijmans juist koninklijk
    Bouwbedrijf Heijmans heeft zaterdag het predicaat koninklijk gekregen. De bouwer uit Rosmalen bestaat honderd jaar en krijgt bij dat jubileum de royale titel uitgereikt. Shell en DSM verloren onlangs nog hun kroon. Hoe zit het met het predicaat koninklijk?  ( 5 min )
    Biden ondertekent schuldendeal en voorkomt chaos op financiële markten
    De Amerikaanse president Joe Biden heeft zaterdag zijn handtekening gezet onder het wetsvoorstel dat de verhoging van het schuldenplafond regelt. Daarmee is voorkomen dat de VS zijn financiële verplichtingen niet meer kan nakomen.  ( 4 min )
    Op vakantie buiten Europa? In een paar seconden verbruik je 60 euro aan data
    Ga je deze zomer buiten Europa op vakantie, denk dan goed na over het gebruik van je smartphone. Met een beetje pech verbruik je in enkele seconden voor tientallen euro's aan mobiel dataverkeer. Gelukkig zijn er manieren om te voorkomen dat je thuis een dikke telefoonrekening op de mat vindt.  ( 5 min )
    Witte Huis denkt cruciale schuldendeal vandaag te kunnen ondertekenen
    De Amerikaanse president Joe Biden ondertekent mogelijk zaterdag al het wetsvoorstel dat de verhoging van het schuldenplafond regelt, laat een regeringswoordvoerder weten.  ( 4 min )
    Vijfhonderd e-mailadressen gelekt bij pensioenfonds ABP
    Er zijn vijfhonderd e-mailadressen van gepensioneerden bij pensioenfonds ABP gelekt. Het lek kwam tot stand door een "menselijke fout" bij het verzenden van een e-mail, zegt een woordvoerder van ABP.  ( 2 min )
    Zomervakantie vieren we steeds vaker in Noord-Europa
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Zomervakantie wordt steeds vaker in Noord-Europa gevierd
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Wat doet en verdient een lid van de Eerste Kamer?
    Voor Eerste Kamerleden bestaat geen vacaturesite. Ze worden gekozen door de leden van de Provinciale Staten, die op hun beurt weer zijn gekozen door ons. De 75 nieuwe Eerste Kamerleden blijven in principe vier jaar aan.  ( 5 min )
  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 1 min )

  • Open

    Here's why the upcoming OPEC meeting will be a 'pivotal' moment as tensions simmer between Russia and Saudi Arabia over global oil supply
    It's possible that Saudi Arabia brings a more assertive stance to the table when OPEC+ holds its meeting on Sunday.  ( 8 min )
    Extreme investor bearishness suggests stock market gains of 16% are coming in the next 12 months, BofA says
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    Tesla says all new Model 3s now qualify for full $7,500 tax credit
    All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla's website. The EV tax credits were mandated by Congress last August as part of the Inflation Reduction Act, with the goal of ending U.S. reliance on China for batteries. The full $7,500 tax credit is broken into two parts.  ( 6 min )
    How the Debt-Ceiling Deal Could End Up Biting Stock Investors
    Changes in the Federal Reserve’s balance sheet, the Treasury’s cash balances, bank reserves, and other factors will probably affect equities.  ( 22 min )
    Disney Sees Potential $1.9 Billion Charge From Removing Streaming Content
    Company said it removed certain produced content from its DTC segment on May 26.  ( 27 min )
    ‘Shadow Banks’ Account for Half of the World’s Assets—and Pose Growing Risks
    Regulators don't have a clear view into the huge world of nonbank finance, or 'shadow banking.' Barron's peers into this opaque world.  ( 75 min )
    EV-Charging Firm EVgo’s Largest Holder Bought $25 Million of Stock
    LS Power purchased 5.9 million shares in EVgo’s recent stock offering. EVgo Chairman David Nanus is on LS Power’s management committee.  ( 22 min )
    DraftKings Stock Ends Up Being A Good Bet
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    JPMorgan COO: 'There will be a recession at some point'
    Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.  ( 8 min )
    Stock Melt-Up Drives S&P 500 to Brink of Bull Run: Markets Wrap
    (Bloomberg) -- The relentless rally in big tech, options positioning and bets on a Federal Reserve pause following a mixed jobs report put stocks on the verge of a bull market.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiInside the Making of Redfall, Xbox’s Latest MisfireHedge Funds at War for Top Traders Dangle $120 Million Payout  ( 8 min )
    Foreign investors are pulling out of Chinese markets at a faster pace as the economic rebound stumbles
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    Stock Market Surge Underscores Bullish Week For Indexes; Dow Gains 700 Points
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    C3.ai Stock Set to Lead in AI After Srong Quarter
    Analysts weigh in on Kenvue, C3.ai, CSX, Toast, and Ryanair Holdings  ( 22 min )
    This 35-Year-Old Man Was Unemployed When He Founded NerdWallet — A $738 Million Company
    Tim Chen, CEO and co-founder of NerdWallet Inc., has come a long way since the 2008 financial crisis when he found himself among the unemployed, like many others at that time. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families After spending four years working in hedge funds such as Perry Capital and JAT Capital Management, Chen received the news of his layoff around Christmas, leaving him devastated. “It was super  ( 9 min )
    Time To Take Profit On Six Winners With Huge Gains?
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    Auto Stocks Are Soaring. 1 Reason Is a Golden Cross.
    Tesla stock is up more than 4% in late trading. One reason looks technical. The other looks like unemployment did the trick.  ( 22 min )
    How One Trader Made $8 Million In The Stock Market In 2 Years
    Making money in the stock market sounds like a dream come true, and for most traders, it's just that: a dream. Unless your name is Jack Kellog, the 24-year-old who achieved $8 million in gains from day trading in 2020 and 2021. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Where It All Started Starting his trading journey in 2017 with only $7,500, Kellogg has encountered and overcome various market conditions,  ( 8 min )
    AI Is Going to Change Investing. Here’s How It Could Play Out.
    Like the PC and cellphones, artificial intelligence has the capacity to rewrite how almost every business works—including investing. Here’s how it might change things for retail and institutional investors.  ( 22 min )
    The A.I. job culling has already begun and 4,000 people lost work last month to the technology, according to a new report
    White-collar jobs are most at risk.  ( 7 min )
    Extreme Networks Surges To All-Time High As Analysts Get Bullish On Network Leader
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    Tesla Stock Breaks Out; Here's How To Profit With A Butterfly Spread
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    U.S. Oil Drillers Are Idling Rigs
    The number of rigs drilling for crude dropped again this week, a sign that U.S. producers are pessimistic about prices. There are now 555 rigs drilling specifically for oil, down 15 from last week in the sharpest decline in oil-patch activity since the Covid lockdowns. The total is down 11% since t  ( 20 min )
    A Viterra-Bunge Deal to Rescue Argentine Soy Giant Is Now at Risk
    (Bloomberg) -- A deal to rescue one of the biggest suppliers of soybean meal fed to livestock herds around the world is at risk of falling apart because of court delays and Argentina’s worst drought in living memory.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the  ( 8 min )
    3M, DuPont Stocks Are Soaring on PFAS Settlement. A Big Overhang Is Gone.
    DuPont, Corteva, Chemours, and 3M shares are up after a $1.2 billion legal settlement over PFAS chemicals. Here's how investors can make sense of that.  ( 36 min )
    Why Taiwan Semi Isn’t the Stock to Play Nvidia’s AI Boom
    Wall Street analysts are telling clients TSMC's exposure to the AI trend might be limited this year.  ( 22 min )
    Apple's Lesser-Known Co-Founder Owned ⅓ Of The Company But Missed Out On A Potential $900 Billion Fortune
    With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s jour  ( 9 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 18 min )
    Wharton professor Jeremy Siegel says investors' hopes of a Fed pause are pushing stocks higher – and skipping a rate hike would lower the risk of a US recession
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    Microsoft Could See AI Revenue Boost of $100 Billion by 2027, Analyst Says
    Evercore ISI analyst Kirk Materne says artificial intelligence is going to provide a gigantic boost to Microsoft, which is in a "unique position to monetize the platform shift to AI."  ( 22 min )
    Verizon and AT&T Shares Slump on Reports Amazon to Offer Wireless to Prime Members
    Amazon.com is reportedly in talks with phone carriers to offer low-cost or free nationwide mobile phone service to Prime subscribers.  ( 23 min )
    Analyst Report: Altria Group Inc.
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    Analyst Report: Public Storage
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    Analyst Report: Salesforce Inc
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    The Jobs Report Was Very Strong. Why the Stock Market Is Up Anyway.
    Hiring was strong in May, but wage gains showed less inflationary pressure from the labor market.  ( 23 min )
    Market Update: CRM, LH, MO, PSA, LULU
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    Apple and Goldman Sachs Don’t Trust Their New Banking Customers
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    IPO Stock Of The Week: Software Leader JFrog Eyes Buy Point With 417% Growth
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    Coors and Miller Lite Gain at Bud Light’s Expense. It Might Last.
    Molson Coors brands Coors Light and Miller Lite have grown market share as Bud Light faced a backlash. TD Cowen analyst Vivien Azer says Molson Coors will enjoy “durable market-share momentum.”  ( 22 min )
    What's Going On With SoFi Tech Stock Friday
    SoFi Technologies, Inc (NASDAQ: SOFI) stock is down Friday as the Senate cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 against it. The CARES Act passed in March of 2020, allowed a pause on student loan repayments. The current debt ceiling deal would terminate this pause, and repayments must resume on August 29, 2023. The student loan refinancing firm prosecuted the government to end the pause earlier this year. Through student and personal loans, the company aime  ( 7 min )
    Apple’s Revenue Could Get a Big Boost From AR/VR. Here’s One Estimate of How Much.
    If a headset is unveiled at Monday's WWDC, Apple shares might get a big boost too.  ( 22 min )
    What's Going On With Big Telecom Stocks Today - Dish, Verizon, T-Mobile, AT&T
    Dish Network Corp (NASDAQ: DISH) stock is up Friday amid reports of selling wireless plans for its mobile phone service through Amazon.Com Inc(NASDAQ: AMZN). Amazon has been talking with wireless carriers about offering Prime subscribers $10 a month or possibly for free and bolster loyalty among its biggest spending customers. The company is negotiating with Verizon Communications Inc (NYSE: VZ), T-Mobile US Inc (NYSE: TMUS), and Dish for the lowest possible wholesale prices, Bloomberg reported  ( 7 min )
    Student loans: Borrower advocates press for Biden veto on ‘shameful’ student debt bill
    The resolution would repeal President Joe Biden’s most recent extension of the student loan pause.  ( 8 min )
    Pro Picks: Missed the boat on Nvidia? Check out these 5 stealth AI plays
    After NVIDIA's (NASDAQ:NVDA) astounding AI-fueled earnings results and guidance last week, its valuation briefly vaulted past the $1 trillion mark and Wall Street analysts scrambled to jack up estimates on the company. But that massive surge makes Nvidia a tricky buy right now: InvestingPro’s fair value algorithm calls the stock overvalued at current levels, with some 30% potential downside risk.  ( 7 min )
    Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now.
    Bank stocks have been “excessively penalized,” says Wells Fargo analyst Mike Mayo. Here are some names to consider.  ( 22 min )
    Rivian Stock Is Down but Not Out. A Wall Streeter Sees a Path for Profits.
    Barcalys analyst Dan Levy feels better about the EV start-up after a visit to its assembly plant in Normal, Illinois.  ( 22 min )
    Elon Musk Praises Quality of Made in China Teslas, Exxon Eyes Double Output With New Fracking Tech, Netflix Shareholders Vote Against Fat Exec. Pay: Today's Top Stories
    Benzinga Made-In-China Teslas Are The Highest Quality, Says Musk: ‘It Warms My Heart’ Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is back in America after a two-day trip to China, his first since the onset of the COVID-19 pandemic. The billionaire entrepreneur made a pitstop at Giga Shanghai as part of his tour and delivered a late-night speech praising his Chinese staff. Sharing pictures from his visit to the Gigafactory on Wednesday evening, Musk tweeted, “Congratulations to Giga Shanghai & Tesla C  ( 12 min )
    Long-Time Nvidia Investor Trims Holdings as AI Rally Overheats
    (Bloomberg) -- One of Nvidia Corp.’s long-term investors is trimming bets on the stock, saying the frenzy around artificial intelligence has pushed valuations too far.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsRich Latin Americans Transform Laid-Back Madrid Into a New MiamiEdmond de Roths  ( 7 min )
    Retirement-Savings Changes You Should Know About for 2023-24
    The Secure 2.0 Act has all sorts of provisions that take effect between now and 2027. Here’s when they kick in.  ( 27 min )
    Stocks to Watch Friday: Lululemon, Dish, AT&T, Amazon
    ↗️ Lululemon Athletica (LULU): The athletic-gear maker raised its annual outlook on sales growth in China. Shares climbed around 12%, snapping a nine-day losing streak. ↘️AT&T (T), [**Verizon (VZ)  ( 21 min )
    Possible Amazon Entry Into Wireless Services Sends Telecom Stocks Down
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    Dollar General Blew Up Its Recession-Proof Reputation. Analysts Prefer This Retailer.
    Dollar General's lowered outlook casts a shadow on prospects for discount retailers but some analysts still see opportunities.  ( 22 min )
    Carvana Cancels $1 Billion Debt Swap as Creditors Hold Out
    (Bloomberg) -- Carvana Co. canceled a $1 billion debt swap after a group of creditors refused to exchange their notes, posing a challenge as the used car retailer attempts to rein in its debt load.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsAmazon Is in Talks to Offer Free Mobile Service t  ( 7 min )
    Insurance giant Allstate followed StateFarm in halting home insurance policies for Californians
    California’s homeowners are already bearing the brunt of devastating wildfires every summer. Now, it will be harder for them to find insurance companies willing to potentially cover the damages.  ( 8 min )
    Amid Booming Revenue Growth, Buyers Lift Smartsheet Stock Ahead Of Fiscal Q1 Report
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    Wegmans is closing one of its largest grocery stores. Its unusual location hurt business
    The Wegmans supermarket chain is closing one of its largest and most unusual stores because it has not attracted enough business, the company said. The Natick, Massachusetts store will close on an undetermined date this summer, the Rochester, New York-based company said in a statement on Thursday. Making these decisions is never easy.  ( 6 min )
    Daily Spotlight: Unemployment Rate Rises to 3.7%
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    Telecom Stocks Drop After Report That Amazon Might Offer Mobile Service
    Amazon.com is reportedly looking into entering mobile phone service, and telecom investors are feeling the pain. Bloomberg News reported Friday that the retailing giant has been talking with wireless carriers about offering low-cost or free mobile to Prime subscribers. Holders of traditional telec  ( 20 min )
    RPT-UPDATE 3-US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc is in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., Bloomberg News reported on Friday. The discussions, which have been going on for six to eight weeks, have also included AT&T Inc at times, the report said, citing people familiar with the matter. Bloomberg News also said Amazon has been negotiating to get the lowest possible wholesale prices that would let it offer Prime members wireless plans for $10 a month or possibly for free.  ( 7 min )
    US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc has been in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., a report by Bloomberg News said on Friday, citing sources familiar with the matter. Amazon.com Inc, Verizon and T-Mobile did not immediately respond to a Reuters request for comment.  ( 6 min )
    Can My Ex-Spouse Come For My Pension After the Divorce?
    A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a divorce as you're going through one. So if you're … Continue reading → The post Is My Spouse Entitled to My Pension in a Divorce? appeared first on SmartAsset Blog.  ( 8 min )
    What Happens If I Lose a Vested Pension?
    Once a pension has vested, you should be entitled to keep those funds, even if you're fired. However, you aren't always entitled to all the money in your pension fund. In some cases, you might lose some, or even all, … Continue reading → The post Can You Lose a Vested Pension? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 65 with $2 Million?
    Although 65 is a conventional retirement age, reaching this point with $2 million is quite a feat. This sum can generate investment and interest income to support you well in the decades to come. However, saving this amount takes effort. … Continue reading → The post Is $2 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 9 min )
    Best Stocks To Buy And Watch Now: MongoDB Headlines 5 Top Tech Stocks For June 2023
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    SentinelOne's disappointing forecast slams shares
    The stock could erase most of the 42% rise it has posted so far this year, if losses hold through regular trading. More than half of the 30 analysts covering the stock lowered their target prices, citing the longer deal cycles and waning demand from enterprise customers, who are holding back on new orders due to high inflation and rising interest rates. The median price target on the stock is now $18, which is 13% lower than its last closing price.  ( 7 min )
    Elon Musk accused of insider trading (again) to rake in $124 million from Dogecoin sales by temporarily changing Twitter logo to a Shiba Inu
    The latest amendment to a June 2022 lawsuit alleges two wallets controlled by Musk sold 1.4 billion Dogecoin when he used his social network to deliberately pump the price.  ( 8 min )
    Millennials' Top Stock Is Up 192% — And You've Never Heard Of It
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    Stocks rise ahead of May jobs report: Stock market news today
    Stocks rose on Friday morning as investors awaited the May jobs report.  ( 7 min )
    Analyst Report: Royal Bank of Canada
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    ChargePoint Earnings Beat Estimates but the Stock Is Falling. Here’s Why.
    The electric-vehicle charging company reported a first-quarter per-share loss of 15 cents from $130 million in sales. Wall Street was looking for a 19 cents loss from $128 million in sales.  ( 22 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    3M Heads to Trial in ‘Existential’ $143 Billion Forever-Chemicals Litigation
    (Bloomberg) -- 3M Co. faces an existential threat from lawsuits over allegedly cancer-linked “forever chemicals” that have leached into municipal water supplies, with the company’s liability possibly hitting $143 billion for cleanup alone. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsRich L  ( 9 min )
    Dow Jones Futures Rise: Jobs Report Looms As Tesla Breaks Out
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    Daily – Vickers Top Insider Picks for 06/02/2023
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    Daily – Vickers Top Buyers & Sellers for 06/02/2023
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    Elon Musk convinced 19 luminary investors to help him buy Twitter. Here’s what their stakes are worth now
    Filings from Fidelity estimate that the company is worth one third what investors paid for their stakes.  ( 7 min )
    The RV Boom Is Over, But These Stocks Promise a Sweet Ride
    Sales of recreational vehicles are way off their pandemic peak, but the industry won’t be in the breakdown lane for long.  ( 28 min )
    Nvidia Is Still a ‘Buy’ on Wall Street as Analysts Race to Boost Price Targets
    Analysts have raced to boost their price targets on the chip maker’s stock after the company’s market value gained $650 billion since October.  ( 27 min )
    Apple’s new Goldman Sachs savings accounts excited savers with high interest rates—now some users are struggling to get their money out
    Some customers reportedly experienced delays in transferring funds from the savings account to another bank account.  ( 8 min )
    4 REITs to Consider–and 2 to Avoid
    Ppportunities—and risks—abound after a tough couple of years.  ( 23 min )
    4 big analyst picks: C3.ai upgraded on AI mega-trend
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at C3.ai, Chevron, Domino’s Pizza, and The Trade Desk. Wedbush upgraded C3.ai (NYSE:AI) to Outperform from Neutral and raised its price target to $50.00 from $24.00 following Q4 earnings, as InvestingPro reported in real time. Furthermore, Wedbush noted that the company is in a unique position to help lead the charge and monetize this looking ahead the next 12 to 18 months.  ( 7 min )
    Putin’s War Ignites Backlash Against US Dollar Across the World
    (Bloomberg) -- All around the world, a backlash is brewing against the hegemony of the US dollar.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as Loans Dry UpApple Plans Major Retail Push With New Stores Across China, USBrazil and China recently struck a deal to settle trade in their local currencies, s  ( 11 min )
    Short sellers have lost more than $13 billion betting against these 5 AI stocks this year
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    PwC Contracts Frozen by $191 Billion Australian Pension Fund
    (Bloomberg) -- Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of the embattled accounting firm’s tax advice scandal. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Are Using AI to Rewire the World of FinanceHedge Funds at War for Top Traders Dangle  ( 6 min )
  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 17 min )
    Current Account Savings Account (CASA): Definition and Formula
    A current account savings account is aimed at combining the features of savings and checking accounts to entice customers to keep their money in banks.  ( 21 min )
    Did Obamacare Make Premiums Go Up?
    A careful look at data from nonpartisan sources suggests that any increases have been modest by historical standards.  ( 21 min )
    Average Credit Card Interest Rate
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of June 2023.  ( 23 min )
    Herrick Payoff Index
    The Herrick Payoff Index tracks price, volume, and open interest to identify potential trends and reversals in futures and options contracts.  ( 20 min )
    5 Biggest Mistakes People Make With Reverse Mortgages
    Reverse mortgages can provide supplemental income for retirees. Learn the biggest mistakes to avoid with a reverse mortgage.  ( 22 min )
    What Is Social Media Optimization (SMO), and Why Is It Important?
    Social media optimization (SMO) is the use of social media networks to manage and enhance an organization’s message and online presence.  ( 21 min )
    Newly Signed Home Contracts Fell In New York Last Month
    High mortgage rates and elevated prices are keeping would-be homebuyers in New York out of the housing market.  ( 17 min )
    How Much Does It Cost To Lease a Car?
    If you’re thinking about leasing a new vehicle, here’s what you need to know about how car leases work and the fees that you can expect to pay in total.  ( 23 min )
    Top CD Rates Today, June 2, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Transfer of Physical Assets (TPA) Definition
    A transfer of physical assets (TPA) is involved when a HUD-insured loan is attached to a real estate transaction.  ( 24 min )
    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 16 min )
    8 Inventions That Made Our Lives Easier
    These inventions in the fields of finance, healthcare, technology, food, and energy have greatly improved our standard of living.  ( 21 min )
    Warren Buffett's Best Buys
    Why the Oracle of Omaha's approach to investing has served him well over the years.  ( 24 min )
    Depository: Definition, Meaning, Types, and Examples
    A depository is a facility such as a building, office, or warehouse in which something is deposited for storage or safeguarding. Learn more about how they work.  ( 24 min )
    Dormant Account: Definition, How It Works, and Example
    A dormant account is a customer bank deposit that has seen no activity other than the posting of interest for a long period of time. Here's what happens to dormant accounts.  ( 22 min )
    What Happens If You Pay Off a Car Loan Early?
    If you pay off your car loan early, you can typically save money on the total cost of the loan as you reduce the amount of interest you pay.  ( 24 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 16 min )
    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 16 min )
    4 Professional Associations for Financial Advisors
    These four professional organizations are among the most respected and well known among financial advisors.  ( 22 min )
    Credit Repair: What it is, How it Works, Services Related To
    Taking steps to improve poor credit standing is called credit repair. You can do your own credit repair, but it can be labor intensive and time consuming.  ( 23 min )
    The 10 Richest People in the World
    Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 33 min )
    Construction Occupancy Protection Exposure (COPE) Definition
    Construction Occupancy Protection Exposure (COPE) is a set of risks property insurance underwriters evaluate when writing insurance policies.  ( 23 min )
    American Express Savings Account Interest Rates: June 2023
    American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.  ( 18 min )
    Ally Bank Savings Account Interest Rates: June 2023
    A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 19 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 17 min )
    Edmund S. Phelps Definition
    Edmund Phelps is an American professor of political economy at Columbia University and winner of the 2006 Nobel Prize in Economics.  ( 19 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 17 min )
    Top 12 House-Hunting Mistakes & What to Look for
    If you can avoid these mistakes when house-hunting, you'll be more likely to find a home that suits both your feelings and your finances.  ( 29 min )
    Valuation Period Definition
    The valuation period is the time period during which value is determined for variable investment options.  ( 21 min )
    Check: What It Is, How Bank Checks Work, and How To Write One
    A check is a written, dated, and signed draft that contains an order directing a bank to pay a definite sum of money to a payee. Learn how checks work.  ( 25 min )
    Sovereign Default: Definition, Causes, Consequences, and Example
    Sovereign default is a failure by a government to repay its country's debts.  ( 25 min )
    Why Might Your 401(k) Be Unavailable After You Leave a Job?
    Here's why all or part of your 401(k) plan may not be accessible after your employment ends. In time, you may (or may not) receive all the funds.  ( 23 min )
    Money-Weighted Rate of Return: Definition, Formula, and Example
    A money-weighted rate of return is the rate of return that will set the present values of all cash flows equal to the value of the initial investment.  ( 22 min )
    Holding Period Return/Yield: Definition, Formula, and Example
    Holding period return is the total return received from holding an asset or portfolio of assets over a period of time, and is generally expressed as a percentage.  ( 23 min )
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  • Open

    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 1 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 1 min )
    Markets Jump at Midday on Jobs Report, Senate Debt Ceiling Vote
    Markets soared midday on Friday following Senate passage of the debt ceiling bill and the Labor Department's jobs report showing more jobs were added to the economy than expected last month.  ( 1 min )
    5 Things to Know Before Markets Open
    The jobs report is expected to show a slowdown in hiring and the debt ceiling bill heads to the president's desk for signature. Here’s what investors need to know today.  ( 1 min )
  • Open

    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 1 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 1 min )
    MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit from AI Boom
    MongoDB's profit and sales exceeded analysts' forecasts and CEO Dev Ittycheria said the company is well positioned to gain from the AI boom.  ( 1 min )
    Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
    Lululemon's earnings and revenue beat estimates as sales in China soared after COVID-19 restrictions were lifted.  ( 1 min )
  • Open

    Oliebedrijf BP stopt als sponsor van British Museum na druk van klimaatacties
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    China boort gat van maar liefst 11 kilometer in zoektocht naar meer olie
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    China boort dieper dan ooit in zoektocht naar meer olie
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  • Open

    US hiring jumped last month. So did unemployment. Here's what that says about the economy.
    The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool. The unemployment rate rose to 3.7%, from a five-decade low of 3.4% in April. The stronger hiring demonstrates the job market's resilience after more than a year of rapid interest rate increases by the Fed. Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.  ( 8 min )
    Dell Earnings Crush Estimates, But Mixed Guidance Pressures the Stock
    Dell beat expectations despite continues macro headwinds. The company hinted that it is feeling more upbeat on the outlook for the 2023 second half.  ( 22 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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    Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules
    Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. A reverse stock split consolidates the number of existing shares into fewer shares. Nikola, which closed at about 57 cents on Thursday, said last week it received a delisting notice from the stock exchange.  ( 6 min )
    Broadcom CEO Predicts That Chipmaker’s Sales From AI Will Double
    (Bloomberg) -- Broadcom Inc., one of the world’s biggest chipmakers, said that artificial intelligence spending is helping fuel sales, but not enough to offset a broader post-pandemic slowdown. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as L  ( 7 min )
    Chevron and Other Commodity Stocks Are Cheap. Time to Buy Soon.
    The Energy Select Sector SPDR ETF is down about 16% from a multiyear peak in late 2022, and the SPDR S&P Metals & Mining ETF is down about 30%.  ( 23 min )
    Who wins if the debt ceiling plan passes? Everyone. Here's why.
    Some may hate a lot in the debt ceiling package, but economists say the plan's actually a good compromise that'll benefit everyone. Here's why.  ( 9 min )
    Broadcom Delivers Beat-And-Raise Report Thanks To Data Center Chip Growth
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    Lululemon Stock Spikes On Strong Guidance, Earnings Beat
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    SentinelOne Stock Crashes On Revenue Miss, Weak Revenue Outlook
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    Tech stocks are booming in 2023 - but there are 3 specific names that investors should be paying attention to, analyst says
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    Homeowners in these countries are facing the greatest risk of defaults from steeper mortgage payments, says IMF
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    A Tech Mania Is Underway. Bullish Bets Are Exploding.
    Tech stocks are racing past the broader market today. Traders are rushing to play the move higher. The recent rally has been marked by heavy activity in bullish options tied to tech. Nvidia call options hit one of the highest levels on record in recent sessions, as did activity in the Technology Se  ( 21 min )
    Target could face hit from student loan payment restart, analyst warns
    Target continues to be in focus by market goers, now for a new reason.  ( 8 min )
    Apple Stock Is Near a Record High. What Could Get It There.
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    Dell Technologies Crushes First-Quarter Earnings, Sales Targets
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    Dow Jones Rallies As Schumer Makes Debt-Ceiling Push Despite Snag; Dollar General Stock Craters
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    Why C3.ai CEO Tom Siebel Is ‘Declaring Victory’ Despite the Stock’s Earnings Selloff
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    3M, DuPont to Pay $100 Million to End Georgia Lawsuit Over Polluted Drinking Water
    (Bloomberg) -- 3M Co., DuPont de Nemours Inc. and other makers of per-and polyfluoroalkyl substances, or PFAS, have agreed to pay more than $100 million to resolve a Georgia city’s lawsuit claiming the chemicals polluted its drinking water, according to a person familiar with the matter.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Pas  ( 8 min )
    Ford Motor Co sues Blue Cross Blue Shield in antitrust case over ‘astronomical’ profit
    Ford Motor Co sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees. The lawsuit Ford filed in Detroit federal court accused the insurer and its regional Michigan branch of unlawfully dividing up parts of the country in a scheme to reduce competition with each other in order to drive "astronomical profits." The allegations from Ford, employing more than 170,000 workers worldwide, relate to a $2.7 billion settlement that Blue Cross Blue Shield Association and its three dozen member companies reached in 2020 with corporate and individual policy holders in Alabama federal court.  ( 7 min )
    What's Going On With Palantir Tech Stock Today
    Palantir Technologies Inc (NYSE: PLTR) stock grabbed eyeballs since its first-quarter beat and, more recently, with its collaboration with the Ukraine Ministry to support the defense and reconstruction of the country. The software company and cloud solutions provider will host its AI day on Thursday. The Thursday session volume surged to 46 million vs. the 100-day average of 51 million. However, Bear Cave slammed the software and cloud solutions provider co-founded by Peter Thiel and backed by t  ( 7 min )
    Sir Rod Stewart abandons talks to cash in on classic songs with public attack on bidder
    Sir Rod Stewart has abandoned a deal to seal his 60-year career in music by selling his song catalogue after negotiations with a controversial industry mogul turned sour.  ( 9 min )
    Breakout Watch: Tesla Stock Set To Plug Into New Buy Zone
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    Analyst Report: Nordstrom, Inc.
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    Analyst Report: Best Buy Co. Inc.
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    Market Update: BBY, JWN, NEWR
    No content preview
    Vanguard fined for providing misleading account statements to its customers
    Vanguard Group, the world's largest issuer of mutual funds, was fined and censured by the Financial Industry Regulatory Authority (FINRA) for errors appearing in about 8.5 million customer account statements. FINRA, Wall Street's self-regulatory organization, said in a filing signed last month by representatives of both parties that Vanguard overstated projected yield and projected annual income for nine money market funds from November 2019 to September 2020. "From at least October 2019 to June 2021, certain VMC account statements inaccurately presented market appreciation/depreciation and investment returns," the filing said.  ( 6 min )
    Millennials have been racing ‘against the clock’ to save thousands during the student loan payment pause: ‘It feels like I’ve gotten away with something’
    The student loan pause was the first break for millennials since they graduated into the Great Recession. Now, they're bracing for payments to restart.  ( 8 min )
    Rivian May Lose Nasdaq Spot After 90% Selloff, JPMorgan Says
    (Bloomberg) -- Shares of Rivian Automotive Inc., the money-losing electric vehicle startup, may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from their record high, according to JP Morgan Securities.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBi  ( 7 min )
    Here's Why Both Warren Buffett And Jim Cramer Love Apple Stock
    Warren Buffett and Jim Cramer are talented in their own right. One is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. The other is the charismatic host of “Mad Money” on CNBC who has made numerous intriguing stock picks, to the extent that there are now exchange-traded funds (ETFs) designed both in favor of and against his recommendations. If you want to follow Buffett’s coattails, you can check out Berkshire Hathaway (NYSE: BRK  ( 9 min )
    Target Is Getting Hit Hard. Now Student Loan Repayments Are Threatening the Stock.
    J.P. Morgan analyst Christopher Horvers downgraded his rating on Target to Neutral from Overweight and cut his price target.  ( 22 min )
    Supreme Court rules against union in labor dispute involving truck drivers and wet concrete
    In a dispute about the pressure that organized labor can exert during a strike, the Supreme Court ruled Thursday against unionized drivers who walked off the job with their trucks full of wet concrete. The lone dissenter in the case, Justice Ketanji Brown Jackson, said the ruling would hinder the development of labor law and “erode the right to strike." Justice Amy Coney Barrett, writing for the majority, said the union failed to take reasonable precautions to protect the company's concrete when the drivers went on strike.  ( 7 min )
    2 Chip Stocks That J.P. Morgan Says Could Dominate the Critical AI Market
    Generative AI has been a popular investment theme this year.  ( 22 min )
    Macy's, Dollar General Plunge On Results, Outlook; Target Falls After Downgrade
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    Apple Savings Account Customers Say It’s Hard to Get Their Money Out of Goldman Sachs
    Some customers with Apple savings accounts, which are a partnership with Goldman Sachs, say it has taken weeks to withdraw money.  ( 28 min )
    A Price War Worked for Tesla. Could It Work for Boeing?
    Chief Executive Dave Calhoun explains why he isn't worried about ceding market share to rival Airbus.  ( 22 min )
    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
    The main piece of this week involved the debt ceiling deal reached by the White House and House Speaker Kevin McCarthy. The deal has passed the House and now awaits approval in the Senate for the US to avoid a default. The chances of it passing are good, says Raymond James CIO Larry Adam, who is “generally optimistic about the passage of the deal,” while also noting that the “reduction in uncertainty will be a net positive for the equity market. In any case, Adam notes that through the whole deb  ( 10 min )
    The Student-Loan Freeze Is Ending. Prepare to Pay Up.
    After a three-year pause, borrowers will have to make monthly payments again starting Aug. 30.  ( 27 min )
    Dollar General Forecast Shows Just How Much Shoppers Are Hurting
    (Bloomberg) -- In case there was any doubt, the lower-income US consumer is in full retreat.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapBillionaire Perot Warns of Real Estate Recession as Loans Dry UpDollar General Corp.’s shares plunged the most since August 2016 after the discount retailer s  ( 8 min )
    Vanguard Fined for Misleading Money-Market Fund Customers
    The money manager sent statements with incorrect information about fund yields and income, according to the Financial Industry Regulatory Authority.  ( 28 min )
    Is Salesforce stock a 'table-pounder' after earnings sell-off? Wall Street reacts.
    Salesforce has a mixed quarter, leading to some mixed responses by Wall Street  ( 10 min )
    Help! I Made too Many IRA Contributions. How Can I Fix It?
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    Nvidia, Microsoft, and Other Tech Stocks Could Tumble. Don’t Sweat It.
    Big Tech valuations look reasonable when you factor in how quickly the powerhouse companies are growing earnings.  ( 22 min )
    Target Isn’t the Only Retailer Facing Anti-Pride Backlash
    First came Bud Light. Then Target. Now more companies are facing potential pushback from a segment of customers unhappy with their embrace of the LGBTQ community.  ( 22 min )
    Where Is the Most Lucrative Place to Put My Nest Egg Savings?
    A "nest egg" generally refers to retirement savings that you typically don't touch until you retire. It's the money you save for the future so that you have something to fall back on when you retire. Oftentimes, growing your nest … Continue reading → The post What Is a Nest Egg for Retirement? appeared first on SmartAsset Blog.  ( 10 min )
    Is $5 Million Enough to Retire Comfortably at 60?
    Retiring at 50 is a lofty goal that gives you plenty of time to pursue all the projects you couldn't get to in your career and make memories with friends and family. However, leaving the workforce 12 years before you … Continue reading → The post Is $5 Million Enough to Retire on at 50? appeared first on SmartAsset Blog.  ( 10 min )
    Friday's Jobs Report May Be A Game-Changer For The Fed, S&P 500. Here Are Four Reasons Why.
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    Stock futures edge up as House passes debt deal: Stock market news today
    Stocks rose Thursday after the House passed a bill to extend the U.S. debt limit.  ( 8 min )
    Dow Jones Futures Fall After Strong Jobs Data; C3.ai Crashes 19% On Earnings
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    Okta Stock Tanks. The Case Against Buying the Dip.
    J.P. Morgan downgraded its rating on the shares to Neutral from Overweight and its target price to $85 from $95.  ( 22 min )
    Dollar General Stock Plummets as Earnings Disappoint. What’s Behind the Miss.
    The retailer's first-quarter earnings of $2.34 per share were slightly shy of the $2.38 per share analysts expected.  ( 22 min )
    Tesla Quietly Increases U.S. EV Discounts; Elon Musk Doesn't Unveil New Model 3
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    Missed Your Shot To Buy Nvidia Stock? How To Jump In Now
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    Billionaire SPAC Kings Dragged to Court After Boom Goes Bust
    (Bloomberg) -- The unwinding of the blank-check stock frenzy, one of the hottest pandemic-era trends on Wall Street, is playing out its last act on a different stage: the courtroom. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapElon Musk Again World’s Richest Person as Arnault’s LVMH SinksBillionaire Perot Warns of Real Estate Recession as Loans  ( 9 min )
    How Bernard Arnault made his money
    Following Arnault’s buyout of Boussac, the billionaire fired 9,000 people working for the company, sold off most of the group’s assets (except the Dior brand), and earned the nickname “the Terminator.”  ( 8 min )
    Macy's slashes expectations for the year after a pullback by shoppers in the spring
    Macy's slashed its outlook for the entire year with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation. Shares tumbled more than 10% before the opening bell Thursday and dragged other retailers down as well. Macy's reported net income of $155 billion, or 56 cents per share, far short of the 45 cents Wall Street was looking for, and a significant decline from the $286 million earned during the same period last year.  ( 6 min )
    Boeing’s CEO Doesn’t Need a New Plane. He Can Just Start a Price War.
    Chief Executive Dave Calhoun explains why he isn't worried about ceding market share to rival Airbus.  ( 22 min )
    Analyst Report: Chipotle Mexican Grill
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    Analyst Report: Southern Company
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    Boeing CEO 'not overly anxious' about Chinese narrowbody jet
    Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight of its domestically produced C919 narrowbody jet could foreshadow the end of the duopoly currently held by the U.S. planemaker and its European rival Airbus SE. On Sunday, China Eastern Airlines flew a C919 filled with passengers from Shanghai to Beijing - a milestone for manufacturer Commercial Aviation Corp of China (COMAC). Calhoun said the C919 is a "good airplane," but it will take a "long while" for COMAC to build the production capacity needed to meet Chinese airlines' demand.  ( 8 min )
    Daily Spotlight: June Jinx?
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: CMG, SO, HPE
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    OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say
    OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance told Reuters. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude and supplies around 60% of the oil export market, meaning its policy decisions can have a major price impact. As the economic outlook worsened, several members of OPEC+ in April pledged voluntary cuts starting from May and to continue to the end of the year.  ( 8 min )
    Daily – Vickers Top Buyers & Sellers for 06/01/2023
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    Daily – Vickers Top Insider Picks for 06/01/2023
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    Richard Branson, billionaire founder of Virgin, shares the most useful skills for entrepreneurs
    The billionaire Virgin founder shared his top advice for budding founders.  ( 8 min )
    Analysis-US debt-ceiling deal dooms Biden's revolutionary tax plans
    U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday. The deal to cap discretionary spending and suspend the debt ceiling contains no tax rate changes to raise revenue; it also slashes new funding Biden had allocated to the hollowed-out Internal Revenue Service.  ( 8 min )
    The AI Boom Is Not Fully Priced in These 2 Stocks; Needham Analysts See Over 40% Upside Potential
    There’s really no hiding from AI anymore. Even if you don’t work with it professionally, chances are that AI has powered your search engine use, or you’ve at least tinkered with a chatbot like ChatGPT. Beyond that, AI is behind the targeted ads that we see on social media or Google; it tracks our internet and social media use, and selects ads accordingly. What this means for the future – of computing, of statistics, of data analysis, of marketing and advertising – hasn’t yet come fully into focu  ( 11 min )
    These Stocks Are Moving the Most Today: C3.ai, Salesforce, CrowdStrike, Okta, and More.
    What's moving most in the stock market today.  ( 23 min )
    Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
    (Bloomberg) -- A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in rupee assets that remain stranded outside the country, swelling the stockpile of capital it’s amassed abroad since the invasion of Ukraine.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapElon Musk Again World’s Richest Person as A  ( 9 min )
    Broadcom Is a Bellwether for Chips. Earnings Will Be Focused on AI.
    Wall Street expects revenue to grow 7% year over year in the latest quarter.  ( 22 min )
    Tech Stocks Like Microsoft and Nvidia Could Tumble. Don’t Sweat it.
    Despite a meteoric rise in recent months, the valuations of big tech stocks appear reasonable when you factor in how quickly they are growing earnings.  ( 22 min )
    Stocks Rise on China Data Surprise, Fed Pause Talk: Markets Wrap
    (Bloomberg) -- Stocks in Asia were broadly higher in choppy trading as the House passed a deal to avert US default and investors weighed the prospect of a pause in rate hikes from the Federal Reserve this month.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’  ( 8 min )
    Here's why the $5 trillion piled up in money market funds might not flow back into the stock market
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    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 8% or More
    Saying ‘insider trading’ conjures up images of smoky back rooms and shady deals, but that’s only for the movies. In real life, insiders refer to corporate officers, such as CEOs, CFOs, COOs, and directors, who are responsible for running their companies profitably. They don’t take trading their own companies’ stocks lightly. While they may sell for various reasons, they only buy when they anticipate a rise in the share price. That makes the insiders’ trading moves one of the surest signs that in  ( 10 min )
    Oil falls after large surprise build in US crude stocks
    Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last week, triggering fears of an oversupply amid signs of weaker Chinese demand, too. Brent crude futures for August delivery fell 40 cents, or 0.6% to $72.20 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude (WTI) eased 39 cents, or 0.6%, to $67.70 a barrel. U.S. crude oil inventories rose by about 5.2 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday.  ( 7 min )
  • Open

    Telegraphic Transfer (TT): What It Is and How It's Processed
    A telegraphic transfer (TT) is an electronic method of transferring funds used primarily for overseas wire transactions.  ( 22 min )
    Top CD Rates Today, June 1
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Iridium Definition
    Iridium is a rare and expensive corrosion-resistant metal. Discover why iridium is used in the manufacture of aircraft, spark plugs, and tech devices.  ( 20 min )
    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 16 min )
    How the Banking Sector Impacts Our Economy
    The banking sector is an essential part of the U.S. and world economies, safeguarding assets and supplying credit to individuals and businesses.  ( 24 min )
    Fixed Interest Rate: Definition, Pros & Cons, vs. Variable Rate
    A fixed interest rate remains the same for a loan's entire term, making long-term budgeting easier. Some loans combine fixed and variable rates.  ( 23 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 16 min )
    Dollar General Shares Plunge as Inflation Hits Customer Spending
    Dollar General profit, sales miss estimates as inflation hits customer spending, sending shares lower.  ( 16 min )
    Section 12D-1 Definition
    Section 12D-1 and its exemptions under the Investment Company Act of 1940 provide rules and limits on how investment funds can invest in each other.  ( 20 min )
    Is the Pound Worth More Than the Dollar?
    The price of one currency compared to another is not necessarily an indication of wealth, power, or strength.  ( 26 min )
    Administrative Services Only (ASO): Definition, Pros & Cons
    Administrative services only (ASO) is an agreement that companies use when they fund their employee benefit plan but hire a vendor to administer it.  ( 22 min )
    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 16 min )
    Construction Spending Increased in April For Second Straight Month
    April construction spending rose, though high mortgage rates are weighing down on construction of single-family homes which, ideally, should be in demand amid a lack of housing inventory.  ( 17 min )
    Forex: Should You Be Trading Trend or Range?
    In FX, it's not the price environment that decides this for you. Learn the differences to see which you prefer.  ( 22 min )
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    Swap Rate: What It Is, How It Works, and Types
    The swap rate is a special kind of interest rate that is utilized for the calculation of fixed payments in a derivative instrument called an interest rate swap.  ( 24 min )
    Wirehouse: What They are, Role in Economy
    A wirehouse is a term describing a full-service brokerage firm.  ( 19 min )
    Can a Creditor Seize My Retirement Savings?
    Whether a creditor can seize your retirement savings will depend on the type of account in which you are holding your money and the type of creditor.  ( 19 min )
    Student Loan Resumption Could Stifle Up To $5 Billion of Consumer Spending A Month
    When required payments on federally-held student loans resume this September, borrowers will have $5 billion a month less to spend on other things, putting stress on an economy already facing the prospect of a recession.  ( 17 min )
    EU Study Suggests Treating Crypto Assets As Securities. Is It a Win For SEC Chair Gensler?
    As the EU officially signs MiCA regulation into law, an EU Parliamentary study suggests crypto assets should be treated as securities by default. Is it vindication for SEC chair Gensler?  ( 17 min )
    Inflation-Adjusted Return: Definition, Formula, and Example
    The inflation-adjusted return is a measure that accounts for the return period's inflation rate.  ( 24 min )
    10 Questions All Financial Advisors Should Ask
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    World Economic Forum (WEF): Definition and History of Meeting
    The World Economic Forum (WEF) holds a yearly conference in Davos, Switzerland, for leaders in business and politics to discuss global issues.  ( 22 min )
    Winning the Lottery: Dream or Nightmare?
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    Supreme Court Ruling Makes it Harder to Sue Over Direct Listing Stock Offerings
    A Supreme Court ruling has made it harder for investors to sue over direct listing stock offerings, potentially making them a more appealing option for companies going public.  ( 18 min )
    What You Need to Qualify for a Reverse Mortgage
    Reverse mortgages have two primary criteria—you must be at least 62 years old and you must own a significant amount of equity in your home.  ( 24 min )
    Meta Reveals New VR Headset, Preempting Announcement by Apple
    Meta Platforms Inc. unveiled its latest virtual reality (VR) headset Thursday, just days before Apple Inc. is expected to jump into the ring with its own augmented reality headset.  ( 17 min )
    Markets Up Midday on Debt Ceiling Vote, Jobs Data
    U.S. equities gained at midday on Thursday, June 1, 2023 following House passage of the debt ceiling bill.  ( 16 min )
    Tear Sheets: Definition and Examples in Finance, Vs. Prospectus
    Tear sheets are used to describe S&P's summary sheets for public companies in the days before the internet.  ( 19 min )
    Nordstrom Posts Unexpected Profit and Shares Rise
    Nordstrom reported a surprise quarterly profit and better-than-expected revenue.  ( 16 min )
    FHA's Mortgage Reduction Plan May Lower Monthly Borrower Cost Without Pricey Refinance
    Borrowers could lower their monthly mortgage payments without having to refinance at decades-high interest rates under a new proposal from the Federal Housing Authority.  ( 17 min )
    Personal Loan vs. Debt Consolidation Loan: What's the Difference?
    While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 21 min )
    Salesforce Shares Fall as Customers Watch Spending
    Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.  ( 16 min )
    Balance Transfer vs. Personal Loan: What's the Difference?
    Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 22 min )
    How Long Does Negative Information Stay on Your Credit Report?
    Although most negative information stays on your credit report for seven years, there are exceptions you should be aware of.  ( 24 min )
    Direct Public Offering (DPO): Definition, How It Works, Examples
    A direct public offering (DPO) is an offering where the company offers its securities directly to the public without financial intermediaries.  ( 26 min )
    Top Stocks for June 2023
    Southwestern Energy, Mirati Therapeutics, and First Solar are top US stocks Russell 3000 in June 2023 for value, growth, and momentum, respectively.  ( 23 min )
    Elon Musk Regains Title of World's Richest Person
    Elon Musk has once again become the world's richest person as a sputtering Chinese economy hurts Bernard Arnault's luxury goods empire.  ( 16 min )
    Today's Mortgage Rates & Trends - June 1, 2023: Rates Fall Again
    Rates on 30-year mortgages fell for a second day in a row, now down 36 basis points from Friday's high. All other purchase rates, except for 7/6 ARM loans, were also down.  ( 20 min )
    How Much Is Car Insurance for Teens?
    When you add a teen to your car insurance policy, you can expect to costs to rise. How much your car insurance rates will rise will depend on a number of factors.  ( 24 min )
    How the Divorce Process Works
    Divorce is hard. Here's a step-by-step look at how the divorce process works, from separations to filing the divorce petition to finalizing the judgment.  ( 24 min )
    House Passes Debt Ceiling Bill, Defusing Default Crisis
    A bill suspending the nation’s debt ceiling until 2025 is now in the hands of the Senate, a major step toward averting a government default that threatened economic catastrophe.  ( 17 min )
    What Is a Triggering Term in Advertising? Definition & Examples
    A triggering term is a word or phrase that requires the presentation of the terms of a credit agreement when used in advertising literature.  ( 22 min )
    5 Things to Know Before Markets Open
    The House sends the debt ceiling bill to the Senate and the ADP is expected to report private payroll job growth slowed in May. Here’s what investors need to know today.  ( 18 min )
    Lenders Made Fewest Home Loans Since 2000 As High Rates Stifle Mortgage Business
    The last time mortgage lenders did this little business, Bill Clinton was president, there was no such thing as an iPod, and a typical house cost $147,000.  ( 16 min )
    Credit Review: Definition, Purposes, How to Read Them
    A credit review is a periodic assessment of an individual’s financial profile, often used to determine a potential borrower's credit risk.  ( 24 min )
  • Open

    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 1 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 1 min )
    Markets Up Midday on Debt Ceiling Vote, Jobs Data
    U.S. equities gained at midday on Thursday, June 1, 2023 following House passage of the debt ceiling bill.  ( 1 min )
    Nordstrom Posts Unexpected Profit and Shares Rise
    Nordstrom reported a surprise quarterly profit and better-than-expected revenue.  ( 1 min )
    5 Things to Know Before Markets Open
    The House sends the debt ceiling bill to the Senate and the ADP is expected to report private payroll job growth slowed in May. Here’s what investors need to know today.  ( 1 min )
  • Open

    Opnieuw meer schone energie gebruikt vorig jaar
    Nederlanders hebben ook in 2022 meer schone energie verbruikt dan het jaar ervoor. Vooral het gebruik van zonnepanelen zit in de lift. Biomassa is juist minder verstookt en ook het gasverbruik - dat niet duurzaam is - is flink gedaald. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Hoe een rechter bedrijfseigenaar Sanderink buitenspel kan zetten
    Gerard Sanderink is in zeven maanden tijd bij twee van zijn bedrijven buitenspel gezet door de rechter. Hoe kan dit als de omstreden miljonair volledig eigenaar en bestuursvoorzitter van Strukton is en dat eerder van Centric was?  ( 7 min )
    Video | Bij deze bijzondere spirituele stroming zat Frits Philips (Aflevering 4)
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de vierde aflevering kijken ze naar de grote impact die Philips heeft gehad op Eindhoven. De komende weken zie je iedere donderdag vanaf 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Gokparadijs Macau draait weer op volle toeren
    De casino's van het Aziatische gokparadijs Macau draaien weer als vanouds. De omzet steeg in mei met maar liefst 366 procent tot 1,93 miljard dollar (1,8 miljard euro). Dat is het hoogste niveau sinds het begin van de coronacrisis in januari 2020.  ( 2 min )
    ECB-president Lagarde vindt inflatie nog steeds te hoog en zint op renteverhoging
    De inflatie in de eurozone is nog steeds te hoog, waardoor een strikter monetair beleid noodzakelijk is. Dat heeft president Christine Lagarde van de Europese Centrale Bank (ECB) donderdag gezegd.  ( 3 min )
    Video | Hoe de Philips-familie de wereld wilde verbeteren (Aflevering 4)
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de vierde aflevering kijken ze naar de grote impact die Philips heeft gehad op Eindhoven. De komende weken zie je iedere donderdag vanaf 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Melk, brood en eieren nog altijd flink duurder, 'maar geen reden tot paniek'
    De inflatie is afgelopen maand wéér gestegen, maar experts zien geen reden tot paniek. De dalende energiekosten en goede oogsten voorspellen dat de markt weer tot rust kan komen. Maar door vertragingen in de voedselketen betaal je in de supermarkt nog wel de volle mep.  ( 6 min )
    Bijna 12 procent meer loon voor twaalfduizend werknemers in zuivelindustrie
    Een meerderheid van de twaalfduizend werknemers in de Nederlandse zuivelindustrie gaat akkoord met de nieuwe cao. Dat betekent dat de lonen met bijna 12 procent omhooggaan en nieuwe stakingen definitief van de baan zijn.  ( 3 min )
    Gerard Sanderink ook geschorst als topman van bouwbedrijf Strukton
    Ondernemer Gerard Sanderink is langer geschorst als topman van bouwbedrijf Strukton. Rechters hebben het beheer over zijn aandelen in dat bedrijf en holdingmaatschappij Oranjewoud overgedragen aan iemand anders.  ( 2 min )
    Zelfstandige betaalt straks 225 euro voor arbeidsongeschiktheidsverzekering
    Zelfstandigen betalen straks gemiddeld 225 euro per maand voor een verplichte arbeidsongeschiktheidsverzekering. Dat verwacht minister Karien van Gennip (Sociale Zaken). Voor zelfstandigen met lagere inkomens valt de premie lager uit. Ook is het bedrag aftrekbaar van de belasting.  ( 3 min )
    NU+ | Dit wilden jullie weten over de pensioenwet: 'Hoe word ik gecompenseerd?'
    De Eerste Kamer stemde dinsdag in met de nieuwe pensioenwet. In het nieuwe stelsel wordt 1.500 miljard euro verdeeld in twintig miljoen persoonlijke pensioenpotjes. Daardoor gaat je pensioen sneller omhoog óf omlaag. Op het nieuwe pensioenstelsel werd op ons reactieplatform NUjij flink gereageerd. Veel NUjij'ers hadden hierbij de nodige vragen. Economieredacteur Thijs Rösken geeft antwoord.  ( 5 min )
    Grote ontslaggolf bij autofabriek VDL Nedcar: achttienhonderd banen weg
    Autofabriek VDL Nedcar gaat in november al een groot deel van het personeel ontslaan. Duizend werknemers en nog eens 800 uitzendkrachten die in Born in Limburg werken, moeten in het najaar vertrekken. Dat terwijl de fabriek nog tot maart 2024 MINI's maakt voor BMW.  ( 5 min )
    Meer scheepsbranden door stekkerauto's en illegale Russische boten
    Verzekeraar Allianz ziet dat er steeds meer branden zijn op schepen. Vorig jaar waren er ruim tweehonderd incidenten, het grootste aantal in tien jaar. Acht schepen gingen hierbij verloren. De oorzaak wordt onder meer gezocht in het groeiende transport van goederen met batterijen, zoals elektrische auto's.  ( 4 min )
    Zon- en windenergie groeien wereldwijd sneller dan ooit
    De wereldwijde capaciteit van duurzame energie groeit dit jaar naar verwachting met 440 gigawatt. Het is de grootste groei ooit, meldt energieagentschap IEA donderdag. Dat de groei versnelt, komt onder meer door subsidies, hoge prijzen voor fossiele energie en het dichtdraaien van de gaskraan door Rusland.  ( 4 min )
    Inflatie daalt bijna overal in Europa, maar niet in Nederland
    In bijna alle Europese landen stijgen prijzen steeds minder hard. Daarop is één uitzondering: Nederland. In ons land lopen prijzen juist weer harder op.  ( 3 min )
    Personeel distributiecentra AH stemt in met nieuwe cao: stakingen van de baan
    Het overgrote deel van de werknemers in de distributiecentra van Albert Heijn heeft ingestemd met de nieuwe cao. Stakingen zijn daarmee definitief van de baan, laten de vakbonden FNV en CNV donderdag weten.  ( 3 min )
    KPN verhoogt abonnementsprijzen met gemiddeld 3,17 euro per maand
    KPN vraagt vanaf 1 juli gemiddeld 3,17 euro meer per maand voor zijn internetpakketten. De telecomprovider verhoogt de prijs vanwege de hoog opgelopen inflatie.  ( 3 min )
    Elon Musk weer allerrijkste met net iets meer geld dan Louis Vuitton-miljardair
    Tesla-topman en Twitter-eigenaar Elon Musk is weer de rijkste persoon op aarde. Hij neemt het stokje over van Bernard Arnault, de Franse bestuurder van luxeconcern LVMH, bekend van kledingmerk Louis Vuitton en Moët & Chandon-champagne.  ( 3 min )
    Zon- en windenergie groeit wereldwijd sneller dan ooit
    De wereldwijde capaciteit van duurzame energie groeit dit jaar naar verwachting met 440 gigawatt. Het is de grootste groei ooit, meldt energieagentschap IEA donderdag. Dat de groei versnelt, komt onder meer door subsidies, hoge prijzen voor fossiele energie en het dichtdraaien van de gaskraan door Rusland.  ( 4 min )
    Amazon schikt voor 29 miljoen met toezichthouder in Amerikaanse privacyzaken
    Amazon heeft in de Verenigde Staten een schikking van omgerekend bijna 29 miljoen euro getroffen. Toezichthouder FTC had een zaak tegen het techbedrijf aangespannen. Amazon zou met zijn Ring-videodeurbellen en slimme Alexa-luidsprekers de privacy van gebruikers schenden.  ( 3 min )
    Inflatie blijkt hardnekkig, prijzen in mei harder gestegen dan in april
    Prijzen van goederen en diensten waren vorige maand 6,1 procent hoger dan een jaar eerder. Dat is een grotere stijging dan in april, toen de inflatie uitkwam op 5,2 procent. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    De ui wint steeds meer terrein in Nederland
    Vroeger werden vooral geteeld in Zeeland en Flevoland, nu is de uienteelt ook populair in andere delen van Nederland. Steeds meer boeren verbouwen uien.  ( 3 min )
    VS-parlement keurt deal schuldenplafond goed en stemt voor verhoging
    Een meerderheid in het Amerikaanse Huis van Afgevaardigden heeft gestemd voor de verhoging van het schuldenplafond van de overheid. De onlangs gesloten deal is daarmee goedgekeurd door het parlement in de Verenigde Staten.  ( 3 min )
    Robotadviseur vertelt starters welke hypotheek ze moeten nemen
    Jongeren die hun eerste huis willen kopen, kunnen de hypotheekadviseur links laten liggen en bij een robotadviseur aankloppen. Een computermodel van De Hypotheekshop zegt op basis van een algoritme welke hypotheek bij welke bank ze moeten nemen.  ( 5 min )
    Krapte op arbeidsmarkt blijft komende jaren groot
    De krapte op de arbeidsmarkt houdt de komende jaren aan. In sectoren als de zorg, ICT, techniek en het onderwijs is sprake van een structureel tekort aan personeel. Ook is er veel behoefte aan vakmensen vanuit het mbo, zoals loodgieters.  ( 5 min )
  • Open

    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 1 min )
    Salesforce Shares Fall as Customers Watch Spending
    Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.  ( 1 min )

  • Open

    C3.ai Tumbles on Underwhelming Sales Outlook After Rallying on AI Hype
    (Bloomberg) -- C3.ai Inc. plunged more than 15% in extended trading after providing a fiscal-year revenue outlook that fell short of analysts’ estimates, fueling concerns the artificial intelligence software company is not living up to the investor enthusiasm that has seen its stock price more than triple this year.Sales will increase 11% to 20% to a midpoint of $307.5 million in the fiscal year ending April 2024, the Redwood City, California-based company said Wednesday in a statement. Analysts  ( 7 min )
    Salesforce Gives Forecast for Slowing Sales Growth in Push for Profit
    (Bloomberg) -- Salesforce Inc. isn’t growing as fast as it used to while the software company shifts its focus to generating higher profits instead. Investors are concerned.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’s Richest Person as Arnault’s LVMH SinksTh  ( 8 min )
    Investors are losing hope for a Fed pause and bracing for another interest-rate hike instead. Here's what 8 experts have predicted.
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    Tesla Of The Sea? How EV Tech Is Revolutionizing Boating
    The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats  ( 18 min )
    Real estate investors are retreating from the housing market at a record pace
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    AI Play UiPath Stock Clears Benchmark, Hits 80-Plus RS Rating
    No content preview
    AI Stock Tumbles As C3.ai's Revenue Outlook Misses Estimates
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    Zscaler Stock Gets A Composite Rating Upgrade Day Before Earnings
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    C3.ai stock plummets after forecast disappoints
    C3.ai shares were punished by investors on Thursday after the company failed to deliver the kind of blowout numbers recently reported by some peers in the AI race.  ( 8 min )
    C3.ai stock plummets after Q1 earnings beat expectations
    C3.ai posted better than expected fourth quarter earnings on Wednesday, but shares of the company fell more than 12% in after hours trading.  ( 8 min )
    Elon Musk rang the alarm on house prices and commercial real estate this week. Here's why he's worried about a property disaster.
    Elon Musk expects residential and commercial property values to slide as higher interest rates, recession fears, and tighter lending take their toll.  ( 7 min )
    Salesforce Earnings Rise as Margins Grow
    Amid turnaround efforts, the company lifts its margin goals for the year.  ( 26 min )
    China EV Sales Eye A Rebound. Nio Stock Rises After Hitting New Low.
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    CrowdStrike Earnings Top Estimates, But Revenue Outlook Disappoints
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    Chewy Stock Soars as Earnings Top Estimates
    The pet-product retailer reported a surprise profit.  ( 22 min )
    Advance Auto Parts tanks 35% after slashing guidance and dividend
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  • Open

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    Nvidia’s Path to $1 Trillion Came Quickly, But Wasn't the Fastest
    Meta hit the $1 trillion level most quickly, but couldn’t stay there, while Apple was the first to get there, and has kept growing.  ( 16 min )
    Resilient Labor Market Bounced Back in April As Job Openings Increased
    The job market was supposed to be cooling down—instead, it heated up in April, with the number of job openings rising, breaking a three-month downtrend.  ( 16 min )
    Sofi Shares Rise Following Tentative Debt Ceiling Deal
    SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.  ( 16 min )
    Advance Auto Parts Misses Profit Estimates, Cuts Outlook and Dividend
    Advance Auto Parts posted earnings well below estimates, and reduced its full-year profit and sales guidance.  ( 16 min )
    How to Buy Dividend Stocks
    Looking to buy dividend stocks? This article provides a comprehensive guide on how to identify, evaluate, and purchase stocks that pay out regular dividends.  ( 24 min )
    Oral Contract: Definition, Example, How to Prove and Enforce
    An oral contract is a type of business agreement that is spoken, not captured in writing.  ( 20 min )
    Top 3D Printing Stocks for 2023
    Ansys, Materialise, and Faro Technologies lead the industry in revenue growth.  ( 19 min )
    What Happens If a Car Loan Is Charged Off?
    When your car loan is charged off, your credit report will take a negative hit and your car could be repossessed. Meanwhile, you will continue to owe the loan amount.  ( 22 min )
    How Much Does It Cost To Charge an EV on a Road Trip?
    The cost to charge electric vehicle (EV) on a road trip will vary based on a number of factors. Here's how to estimate how much your trip will cost.  ( 23 min )
    Top Coffee Stocks for 2023
    Dutch Bros, Starbucks, and J.M. Smucker lead the industry in revenue growth  ( 20 min )
    Customers Deceived by OneMain To Get Reimbursed By CFPB Fine
    The Consumer Financial Protection Bureau (CFPB) Wednesday fined OneMain Financial $20 million after the government watchdog discovered deceptive sales practices at the loan provider.  ( 17 min )
    How to Trade Forex
    The foreign exchange market is the largest and most liquid market in the world and is open 24 hours a day. Learn what it takes to trade the world's many currencies.  ( 29 min )
    Trading the Gold-Silver Ratio
    The gold-silver ratio describes how much silver it takes to buy an ounce of gold. It may seem arcane, but many strategies rely on trading this ratio.  ( 25 min )
    Can Nvidia's AI Bets Support a $1 Trillion Market Cap?
    Nvidia hit a $1 trillion in market cap after the company followed up its blockbuster earnings with the launch of a new supercomputer and AI partnerships, but analysts remain divided whether Nvidia shares are overpriced.  ( 17 min )
    Personal Consumption Expenditures (PCE): What It Is, Measurement
    Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 28 min )
    5 Things to Know Before Markets Open
    The House is set to vote on the debt ceiling deal and the Labor Department is expected to report fewer job openings. Here’s what investors need to know today.  ( 18 min )
  • Open

    Merendeel ExxonMobil-aandeelhouders wijst dwingende klimaataanpak af
    Het merendeel van de aandeelhouders van ExxonMobil heeft voorstellen afgewezen om het Amerikaanse olieconcern te dwingen meer te doen voor het klimaat. ExxonMobil heeft als enige van de vijf grote westerse oliemultinationals geen klimaatdoelstelling voor 2030.  ( 3 min )
    Je energiecontract opzeggen is vanaf vandaag veel duurder
    Wie wil wisselen van energieleverancier kan vanaf vandaag weleens fors duurder uit zijn. Dan gaan nieuwe regels in voor het opzeggen van vaste energiecontracten, waardoor consumenten flink de portemonnee moeten trekken. Voordeel is dat er weer verschillende vaste contracten zijn waar je uit kunt kiezen.  ( 5 min )
    Slachthuizen onder verscherpt toezicht vanwege 'structurele dierenmishandeling'
    Slachthuizen komen onder verscherpt toezicht te staan om de "structurele dierenmishandeling" in de sector tegen te gaan. Dat heeft minister Piet Adema (Landbouw, Natuur en Voedselkwaliteit) woensdag gezegd in de Tweede Kamer.  ( 3 min )
    Hard oordeel over KLM: regels voor staatssteun niet nageleefd
    KLM houdt zich niet aan voorwaarden die zijn verbonden aan de staatssteun die het bedrijf tijdens de coronacrisis kreeg, volgens de staatsagent. Het bedrijf keert alweer winstdelingen uit, geeft nog steeds belastingvoordelen aan personeel in het buitenland en piloten hebben te weinig salaris ingeleverd.  ( 5 min )
    KLM houdt zich niet aan voorwaarden voor staatssteun volgens controleur
    KLM houdt zich niet aan voorwaarden die zijn verbonden aan de staatssteun die het bedrijf tijdens de coronacrisis kreeg, volgens de staatsagent. Het bedrijf keert alweer winstdelingen uit, geeft nog steeds belastingvoordelen aan personeel in het buitenland en piloten hebben te weinig salaris ingeleverd. Dat zegt de controleur van de overheid.  ( 5 min )
    Inflatie daalt verder in Duitsland en Frankrijk, maar voedsel blijft duur
    De prijzen in Duitsland, Frankrijk, Spanje en Italië zijn in mei minder hard gestegen dan in april. De inflatie is vooral door de dalende energieprijzen afgenomen. Maar de prijzen van voedingsmiddelen zijn deze maand wel hard omhooggegaan.  ( 3 min )
    Air New Zealand wil passagiers wegen voor het instappen
    Luchtvaartmaatschappij Air New Zealand weegt sinds deze week voor vertrek passagiers op internationale vluchten. Het bedrijf wil zo het gemiddelde gewicht van de reizigers achterhalen.  ( 3 min )
    Salarissen steeds verder omhoog; gemiddeld 7 procent erbij dit jaar
    De lonen in nieuwe cao's zijn in mei gemiddeld met 7,8 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april 5,2 procent bedroeg.  ( 3 min )
    Kosteloos geld opnemen en voldoende geldautomaten worden bij wet geregeld
    Minister Sigrid Kaag van Financiën werkt aan wetgeving om de toegang tot contant geld veilig te stellen. Deze wet gaat de huidige vrijblijvende afspraken met banken vervangen.  ( 3 min )
    Je energiecontract opzeggen is vanaf morgen veel duurder
    Wie wil wisselen van energieleverancier kan vanaf morgen weleens fors duurder uit zijn. Dan gaan nieuwe regels in voor het opzeggen van vaste energiecontracten, waardoor consumenten flink de portemonnee moeten trekken. Voordeel is dat er weer verschillende vaste contracten zijn waar je uit kunt kiezen.  ( 5 min )
    Historisch hoogtepunt voor lonen: gemiddeld met 7,8 procent omhoog in mei
    De lonen in nieuwe cao's zijn in mei gemiddeld met 7,8 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april 5,2 procent bedroeg.  ( 3 min )
    Wat wil jij nog weten over het nieuwe pensioenstelsel? Stel hier je vragen
    Gisteravond stemde de Eerste Kamer in met de hervorming van ons pensioenstelsel. Vanaf 2028 zien de pensioenen er heel anders uit. Zo wordt 1.500 miljard euro verdeeld over individuele potjes in plaats van via een fonds. Ook gaat je pensioen sneller omhoog of omlaag. Via ons reactieplatform NUjij zijn al veel vragen over dit nieuwe stelsel gesteld. Welke vragen heb jij nog? Stel ze hier.  ( 2 min )
    Tweede Kamervoorzitter Bergkamp roept Twitter op bedreigingen aan te pakken
    Tweede Kamervoorzitter Vera Bergkamp roept Twitter op om belediging en bedreiging van Tweede Kamerleden aan te pakken. Het sturen van bedreigende en gewelddadige tweets naar Kamerleden is in veel gevallen strafbaar.  ( 3 min )
    Turkse lira zakt naar nieuw dieptepunt ten opzichte van euro en dollar
    De Turkse lira is woensdag opnieuw minder waard geworden ten opzichte van de dollar en euro vanwege zorgen over de economische koers van het land. De vraag is namelijk of president Recep Tayyip Erdogan vasthoudt aan zijn onorthodoxe beleid.  ( 3 min )
    Vragen afvuren op ChatGPT kan in Nederland nu ook via iPhone-app
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    Het loopt geen storm met subsidiepotje voor nieuwe elektrische auto
    Tot dusver is op ongeveer een derde van het subsidiepotje voor nieuwe elektrische auto's aanspraak gemaakt. Dat blijkt uit cijfers van de RVO, die belast is met het verlenen van subsidie op de aanschaf en lease van elektrische auto's.  ( 3 min )
    Meer mensen met hogere inkomens melden zich bij schuldhulpverlening
    Relatief meer mensen met hogere inkomens hebben vorig jaar bij de schuldhulpverlening aangeklopt. Dat komt volgens branchevereniging NVVK voornamelijk door de hoge inflatie en stijgende energiekosten.  ( 3 min )
    Gevallen techmiljardair Elizabeth Holmes zit in de gevangenis
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    Financieel stelsel is ondanks inflatie weerbaar, wel vrees voor recessie
    Ondanks de energiecrisis en omvallende buitenlandse banken staat ons financiële stelsel er volgens het Centraal Planbureau (CPB) goed voor. Ook blijven de gevolgen van dalende woningprijzen waarschijnlijk beperkt. Wel zijn jonge huizenbezitters kwetsbaar en is er een reële kans op een recessie.  ( 4 min )
    Banken gaan gerichter speuren naar witwaspraktijken
    De banken en toezichthouder De Nederlandsche Bank gaan zich in hun speurtocht naar witwaspraktijken meer richten op waar de echte risico's zitten. De Nederlandse Vereniging van Banken kan niet zeggen of dit ook betekent dat de kosten voor betaalpakketten minder hard omhooggaan.  ( 3 min )
    Fabriek ter vervanging van Gronings gas wordt 1 oktober in gebruik genomen
    De stikstofinstallatie in Zuidbroek, die op 1 april 2022 al had moeten draaien, kan vanaf 1 oktober stikstof produceren. Dat heeft een woordvoerder van Gasunie desgevraagd aan NU.nl laten weten.  ( 3 min )
    Kratje bier in de aanbieding 35 procent duurder sinds stuntverbod
    Een kratje bier in de aanbieding kostte in de eerste maanden van dit jaar gemiddeld 14,22 euro in de supermarkt. Twee jaar geleden, voordat het verboden werd te stunten met de prijs van een kratje, was dat nog 10,52 euro. Dat heeft marktonderzoeker Circana uitgezocht op verzoek van NU.nl.  ( 3 min )
    Was het stelsel echt aan vervanging toe? Vijf vragen over het nieuwe pensioen
    Het nieuwe pensioen komt eraan. Na jaren gesteggel is een hervorming van het pensioenstelsel nu ook door de Eerste Kamer. Je pensioen moet beter uitlegbaar zijn en passen bij deze tijd. Ook volgt je pensioenopbouw nadrukkelijker prestaties op de beurs. Vijf vragen over het nieuwe pensioen.  ( 8 min )
  • Open

    Dow Jones Today: Intel Soars While Index Dives
    The Dow Jones Industrial Average fell about 0.4%, or 134 points, ahead of a key vote in the House of Representatives to extend the U.S. debt limit.  ( 1 min )
    Markets Fall Ahead of Key Debt Ceiling Vote
    Stocks fell on Wednesday, May 31, 2023 as investors await the outcome of a vote in the House on a bill to raise the debt ceiling and avoid default.  ( 1 min )
    Markets Down Midday Ahead of Debt Ceiling Vote
    Markets were down in midday trading on Wednesday, May 31, 2023 ahead of key vote on raising U.S. debt ceiling.  ( 1 min )
    5 Things to Know Before Markets Open
    The House is set to vote on the debt ceiling deal and the Labor Department is expected to report fewer job openings. Here’s what investors need to know today.  ( 1 min )
    Markets Mixed on Concerns Debt Ceiling Deal Might Not Pass
    The Dow fell, the Nasdaq rose and the S&P 500 was virtually unchanged on Monday, May 30, 2023, as the debt ceiling deal goes to Congress for approval  ( 1 min )
    Dow Jones Today: Index Down on Debt Ceiling Jitters
    Hopes of a debt ceiling deal were rattled after some Republican lawmakers expressed opposition to the agreement, helping send the Dow Jones Industrial Average lower by 0.15%, or 50 points.  ( 1 min )
  • Open

    Intel Shares Rise on Upbeat Sales Forecast
    Intel was best-performing stock in the DOW after the company said current quarter revenue would be at the high end of its guidance.  ( 1 min )
    Hewlett Packard Enterprise Misses Sales and Guidance Estimates
    Hewlett Packard Enterprise misses sales and guidance estimates, sending shares lower.  ( 1 min )
    Is Twitter Really Worth A Third Of What It Was Before Musk Bought It?
    Twitter, now X Holdings Corp., is a private company but a Fidelity investment fund cut the valuation of its holding, implying the company is worth 33% of Musk's purchase price.  ( 1 min )
    Sofi Shares Rise Following Tentative Debt Ceiling Deal
    SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.  ( 1 min )
    Advance Auto Parts Misses Profit Estimates, Cuts Outlook and Dividend
    Advance Auto Parts posted earnings well below estimates, and reduced its full-year profit and sales guidance.  ( 1 min )

  • Open

    Berkshire Owns About 25% of Occidental After Fresh Buys
    Berkshire Hathaway bought 4.7 million shares in recent days and now owns 222 million shares of the energy company worth $13 billion.  ( 22 min )
    Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
    Before 2019, there were few major impediments to having a Chinese company that did business in the U.S. from China. Now, some mainland China tech business owners say they need to go further and gain permanent residency or citizenship abroad to avoid the curbs on and the biases against Chinese companies in the United States.  ( 8 min )
    Russia and Saudi Arabia are at odds after a flood of Russian oil supply pushed the commodity's price below a key break-even level needed to fund Saudi projects
    Economic advisors have privately warned Saudi senior policy makers that the kingdom needs higher oil prices to fund a slew of megaprojects.  ( 8 min )
    Despite Nvidia's rally, some say the stock is actually cheaper
    NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp's blistering rally in recent days, the chip developer's valuation has actually fallen, at least by one measure widely used by analysts and investors. Nvidia now trades at around 45 times Wall Street's average earnings estimates for the next 12 months - a popular measure known as the forward price/earnings (P/E) ratio. While investors rushed to buy Nvidia's stock in recent sessions, its P/E multiple has fallen simply because Wall Street's earnings expectations for the company rose even faster than its share price.  ( 8 min )
    Prepare for more stock-market jitters after the debt-ceiling deal, Morgan Stanley warns
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    Just 5 stocks including Nvidia account for 96% of the S&P 500’s gains this year
    The S&P's comeback this year gets only two cheers. A few big stocks are overperforming, while the rest of the market reflects the reversal of a historic earnings blowout.  ( 9 min )
    Warren Buffett and Goldman Sachs Have One Thing in Common: They Both Like These 3 Stocks
    Some people’s exploits in their chosen profession transcend beyond the industry they operate in – making them household names. It’s pretty safe to claim that even those not interested in the investing world are familiar with Warren Buffett. Buffett embodies the term ‘legendary investor’ probably more than any other and considering his decades of almost unrivalled stock picking success, it’s a thoroughly deserved epithet. For those looking to emulate a fraction of Buffett’s success, get ahead of  ( 11 min )
    HP Enterprise Stock Slides as Revenue Comes in Light
    HP Enterprise reported mixed results for the April quarter, but it sees a big opportunity ahead in the need for high-powered systems to AI models.  ( 22 min )
    HP earnings beat despite another quarterly slump in PC sales
    HP Inc. managed to beat on earnings amid a focus on managing its costs.  ( 9 min )
    Bud Light sales decline sends ABInBev shares sliding
    As beer drinkers flock away from Bud Light, investors are losing their taste for InBev stock.  ( 9 min )
    Dow Jones Leader Cisco Eyes Buy Point; AI Stock Arista Is Breaking Out Today
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    Short seller Jim Chanos rolls his eyes at AI hype as Nvidia signals it may sell new shares to eager investors
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    Getting rich is ‘surprisingly simple’ if you follow a 3-step strategy, says an expert on self-made wealth
    There will always be a limit to how many expenses you can cut. But there’s no limit to how much you can earn.  ( 9 min )
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    Intel Corp (NASDAQ: INTC) stock is up Tuesday in sympathy with Nvidia Corp's (NASDAQ: NVDA) AI-driven rally. Over the past decade, Nvidia beat Intel to become America's most valuable semiconductor company. Advanced Micro Devices, Inc (NASDAQ: AMD) stole market share while Intel struggled with repeated delays in launching new chips. Interestingly, Intel CEO Pat Gelsinger flagged severe issues regarding leadership, people, methodology, and more for the chipmaker's fall from the leading chipmaker p  ( 7 min )
    Microsoft's valuation could surge $300 billion with ChatGPT and AI set to transform its business, Wedbush says
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    The Argus ESG Model Portfolio
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    CHPT Stock Soars As EV Charging Network Called 'Best-In-Class' Ahead Of Earnings
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    Analyst Report: Deere & Co.
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    Debt Ceiling Deal Would End Freeze on Student Loan Payments. Sofi Stock Jumps.
    The debt-ceiling agreement struck over the weekend would reinstate government student loan repayments.  ( 22 min )
    Market Update: DE, PWR
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    Can You Pass This Social Security Quiz? Nearly 7 in 10 People Struggle With These Basic Questions
    Pop quiz: True or False – Social Security retirement benefits are subject to income tax just like withdrawals from a traditional IRA account. If you answered "False," you're smarter than more than 60% of your fellow Americans nearing retirement. In … Continue reading → The post Can You Pass This Social Security Quiz? Nearly 7 in 10 People Struggle With These Basic Questions appeared first on SmartAsset Blog.  ( 8 min )
    Brazil’s Credit Card Rates Climb to 450%, a Six-Year High
    (Bloomberg) -- Brazil’s credit card interest rates soared to their highest point in six years, adding to central bankers’ concerns about worrisome levels of household debt. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapNvidia Touches $1 Trillion Mark After Beating Riva  ( 7 min )
    Beyond Nvidia: Palantir and C3.ai Stock Soar as They Expand Their Push Into AI
    The market mania for AI plays continues.  ( 23 min )
    How a Janitor Built an $8 Million Fortune Without Touching Cryptos, Stock Options or Leverage
    Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend remembered him sitting at the exact same stool every morning. Don't Miss: Thanks to changes in federal law, anyone can inve  ( 7 min )
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    Billionaire Charlie Munger Reveals The Reason Berkshire Hathaway Is Sitting On $88 Billion in Cash
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    The best selling car in Q1? The Tesla Model Y.
    According to a new report - Tesla scored a huge milestone on its path to ramping up global EV adoption - though the electric vehicle maker may have paid a big price for it.  ( 8 min )
    Is Verizon A Buy With Consumer Rebound Still A Work In Progress?
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    Qualcomm Inc (NASDAQ: QCOM) stock traded higher Tuesday in sympathy with Nvidia Corp (NASDAQ: NVDA), buoyed by the AI rally. The leading smartphone processor maker described transitioning into an "intelligent edge computing" firm, said SVP Alex Katouzian at the Computex show in Taipei. It is betting on the AI frenzy calling for more computing power than the cloud alone can provide, especially when personal information is at stake, Bloomberg reports. Qualcomm, whose chips help smartphones harness  ( 7 min )
    Alibaba Stake Boosted: Hedge Fund Titans Go Shopping While Asia Peers Bow Out
    Michael Burry's bullish bets on stocks, including Alibaba Group Holding Limited (NYSE: BABA), followed stake boosts by other top hedge funds, including Moore Capital Management and Third Point LLC, in the first quarter. Asia-based firms, including Simon Sadler's Segantii Capital Management Ltd. and Alpine Investment Management Ltd., accounted for nearly half of Alibaba ADRs offloaded by the quarter's top 10 most prominent hedge fund sellers, Bloomberg cites 13F filings. The sole Asia-headquarter  ( 7 min )
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    Cathie Wood calls Nvidia stock 'overpriced' after missing 2023 rally
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    Is Google Stock A Buy Amid Artificial Intelligence Battle?
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    Nvidia touches $1 trillion market cap as chipmaker rides AI wave
    Nvidia has been on tear this year thanks to the tech industry's AI craze. The company's market cap hit $1 trillion on Tuesday.  ( 7 min )
    Plug Power plans $6 bln hydrogen projects in Finland
    Plug Power Inc, a U.S. maker of hydrogen fuel systems, said on Tuesday it aims to build three plants in Finland costing some $6 billion to produce green hydrogen and ammonia for the European market. The company said it was in talks with potential financial investors and debt providers and aims to find industrial partners to secure offtake for its planned production ahead of a final investment decision in 2025 or 2026. Plug had spent two years searching around the world for the right locations, CEO Andy Marsh told Reuters on the sidelines of a presentation in Helsinki.  ( 7 min )
    Seeking at Least 15% Dividend Yield? Raymond James Suggests 2 Dividend Stocks to Buy
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    EUR/USD Forecast – Euro Bounces From Trend Line
    The euro initially plunged below a major trend line in the 200-Day EMA, only to turn around and show signs of life.  ( 7 min )
    How You Can Protect My Parents' Assets From Nursing Homes
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    How You Can Retire Comfortably at 65 With $4 Million
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    Is $4 Million Enough to Retire Comfortably on at 55?
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    AI Stock Breaks Out Ahead Of Earnings; Is AI Stock A Buy Now?
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    The 'Magnificent Seven' tech stocks drive markets higher as AI mania grips investors
    AI hype is in full bloom in the US stock market. And the biggest names in the market are doing the heavy lifting pushing stocks higher.  ( 9 min )
    Broadcom’s AI Chip Deals Excite Wall Street. It’s About More Than Apple.
    KeyBanc Capital Markets analyst John Vinh raised his price target on the company ahead of its earnings this week.  ( 23 min )
    Buy Ford Stock, Says Analyst. The Gap Is an Opportunity.
    Ford stock got upgraded to Buy from hold by Jefferies analyst Philippe Houchois Tuesday. His price target went to $16 from $13 a share.  ( 22 min )
    Weekly Stock List
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    How Follow-On Buy Points Gave Additional Chances To Buy PayPal During Its 100% Run
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    With the debt ceiling over, here's the next problem for investors: Morning Brief
    The gaze of investors now turns to what the Federal Reserve may do in a few short weeks.  ( 8 min )
    Office Owners Dump Lesser Buildings for Whatever They Can Get
    New York City developers are starting to unload lower-quality buildings at deep discounts, cracking open a frozen real-estate market.  ( 22 min )
    Stock futures rise as debt deal faces next hurdle: Stock market news today
    US stock futures were tentatively higher on Tuesday morning, kicking off a shortened trading week amid hopes the hard-won deal-ceiling deal would get through a divided Congress in a matter of days.  ( 8 min )
    Analyst Report: Toll Brothers Inc.
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    Analyst Report: Emerson Electric Co.
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    5 Things to Know Before Markets Open
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    Canary Wharf Debt Downgrade Is Sign of Wider Property Woes
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    Daily – Vickers Top Buyers & Sellers for 05/30/2023
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    How Pfizer's First-Ever Approach In Hemophilia Treatment Paid Off
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    A 'Big Short' investor who called the 2008 housing-market collapse warns about another big threat to home prices
    Dave Burt told CNBC that the market is in for a 2008-level price correction if lenders don't start weighing the risk flooding poses to home values.  ( 6 min )
    State Farm has stopped insuring Californian homes because of their "catastrophe exposure"
    State Farm, the largest property insurer in the US, will no longer accept new applications for home insurance in California, citing the risks of apocalyptic wildfires as well as the exorbitant costs of construction.  ( 7 min )
    T. Rowe Price adding five more ETFs as demand for funds grows
    Tim Coyne, T. Rowe Price's global head of ETFs, said the company is expanding its exchange-traded fund offerings to better go after millennials.  ( 15 min )
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    The Money Doctor who has slayed inflation for 50 years says the Fed has overcorrected so badly they’re hastening the long-feared recession
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    The return-to-office wars could end in a stalemate as we all reach the same conclusion about what the flexible future of work means
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    Nvidia set to become first US chipmaker valued at over $1 trillion
    Meta, valued at about $670 billion as of last close, clinched the trillion-dollar market capitalization milestone in 2021, while Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc are the other U.S. companies that are part of the club. AI took center stage after Nvidia stunned investors with a revenue forecast that surpassed analysts' expectations by more than 50%. The Philadelphia SE Semiconductor index closed at its highest in over a year last week after Nvidia's stellar results powered other chipmakers higher.  ( 6 min )
    Russians Relearn Black-Market Tricks to Get Their Money Out
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    Tech booster Cathie Wood can’t stomach Nvidia’s soaring shares: they’re ‘priced ahead of the curve’
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    Qualcomm Says AI Will Demand More Power Than Just the Cloud
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    These Stocks Are Moving the Most Today: Nvidia, C3.ai, Palantir, Nutanix, Iovance Biotherapeutics, and More
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    Russian rouble falls to one-month low as drones attack Moscow
    The rouble fell to a more than one-month low against the dollar on Tuesday as drones attacked Moscow and the Russian currency lost the support of a favourable tax period. Ukraine launched one of its biggest drone attacks on Moscow, according to Russia, whose defence ministry said all were destroyed approaching the city. Kyiv had no immediate comment, but has not publicly acknowledged launching attacks against targets inside Russia.  ( 6 min )
    5 big analyst picks: Ford and Coinbase riding high on upgrades
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Ford, Coinbase, Constellation Brands, Equitrans Midstream , and Boston Beer. Ford (NYSE:F) shares climbed nearly 3% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $13.00, as InvestingPro reported in real time.  ( 7 min )
    A 24-year-old stock trader who made over $8 million in 2 years shares the 4 indicators he uses as his guides to buy and sell
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    Citigroup: cheap or hopeless?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Marketmind: Too soon to drink to the US debt deal
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    China’s Fading Recovery Reveals Deeper Economic Struggles
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    Company Insiders Made Billions Before SPAC Bust
    Executives and early investors sold shares worth $22 billion through well-timed trades, profiting before share prices collapsed.  ( 31 min )
    Europe’s Unwanted Coal Heads to China and India as Heat Builds
    (Bloomberg) -- Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After Debt-Cap Deal  ( 7 min )
    China Stock Gauge Slumps 20% From 2023 Peak as Pessimism Abounds
    (Bloomberg) -- A key gauge of Chinese stocks was on track to enter a bear market as a weak economic recovery and tensions with the US left traders with little reason to buy. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After D  ( 7 min )
    Gold prices hover near 2-month low as US debt deal weighs
    Gold prices traded in a narrow range on Tuesday, hovering close to a recent two-month low, as optimism over a U.S. debt ceiling deal and reduced bets for a pause in the Federal Reserve's rate hike policy in June dented the metal's appeal. U.S. President Joe Biden said on Monday he feels good about prospects for passage by Congress of the debt ceiling deal that he reached with House of Representatives Speaker Kevin McCarthy. The high volatility events such as the U.S. regional banking crisis, and whether or not an agreement would be reached on raising the U.S. debt ceiling are now passing, "reducing the markets interest in gold as investors seek alpha," Michael Langford, director at corporate advisory AirGuide said.  ( 7 min )
    Too Rich for Cathie Wood, Nvidia Shares Stretch Valuation Limits
    (Bloomberg) -- It’s not every day that Cathie Wood labels a stock-market darling of the innovation economy too expensive.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After Debt-Cap DealBut Nvidia Corp.’s outsized jump has prom  ( 8 min )
    Asian stocks mostly higher as US debt deal revives confidence
    Asian stocks were mostly higher on Tuesday as investors cheered the prospect that the world's largest economy will avert a major debt default, improving sentiment across most asset classes. Australian shares were up 0.03% while the Nikkei stock index slipped 0.28%, cooling a bit after the Japanese benchmark hit a 33-year high on optimism over the U.S debt deal and a weaker yen, which helps the country's exporters. "The U.S had a poor resolution to the debt ceiling negotiations with still a huge increase in government debt and no real cuts to spending but has relieved pressure for now," said James Rosenberg, an advisor at broker Ord Minnett in Sydney.  ( 8 min )
    Oil rises on U.S. debt deal, but rate hikes, OPEC+ talks curb enthusiasm
    Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world's biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave output quotas unchanged capped gains. U.S. West Texas Intermediate (WTI) crude rose 53 cents to $73.20 a barrel, up 0.7% from Friday's close. There was no settlement on Monday because of a U.S. public holiday.  ( 7 min )
    Treasuries, US Stock Futures Reflect Debt Progress: Markets Wrap
    (Bloomberg) -- Asian equities were poised for a cautious open Tuesday as White House and Republican congressional leaders stepped up lobbying to ensure Congress passes a debt-accord to head off a US default.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBide  ( 8 min )
    Arm Chief Pitches Chip Designer as AI Play in Buildup to IPO
    (Bloomberg) -- Semiconductor designer Arm Ltd. has found its calling card for the rest of the year as it builds toward a much-anticipated initial public offering: artificial intelligence.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden, McCarthy Forge De  ( 7 min )
    Cathie Wood says Nvidia too expensive, Tesla to benefit from AI boom
    Investing.com -- Cathie Wood, manager of the ARK Innovation exchange-traded fund (NYSE:ARKK), said on late-Monday that recent stock market darling Nvidia Corporation (NASDAQ:NVDA) was priced “ahead of the curve,” and that Tesla Inc (NASDAQ:TSLA) was positioned to benefit from recent breakthroughs in artificial intelligence.  ( 7 min )
    Treasury Bills Climb as Traders Bet Congress Will Pass Debt Deal
    (Bloomberg) -- Soon-to-mature Treasury bills rallied as trading resumed after the Memorial Day holiday, following a tentative deal over the debt ceiling which eased concerns of a US default. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden, McCarthy Forg  ( 7 min )
    The reason the stock market has stayed relatively stable amid economic chaos: computer-driven trading
    Quant funds, which use computer models to trade, are helping calm the markets at a time of uncertainty.  ( 8 min )
    Big Tech Rally Will Only Grow Further as Recession Worries Reign, Investors Say
    (Bloomberg) -- The Big Tech rally of this year has further to run as the risk of a US recession drives investors into stocks that offer profitable growth in lean times, according to the latest Markets Live Pulse survey.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-  ( 8 min )
  • Open

    Phi Ellipses Definition and Uses
    Phi ellipses is a little-known trading tool, drawn by a computer or trading software, used to detect price patterns, trends, and possible reversals.  ( 20 min )
    Birake (BIR) Definition
    Birake (BIR) is a cryptocurrency exchange platform that bills itself as the first "white label" cryptocurrency exchange. It appears not to have gained much support.  ( 22 min )
    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )
    Personal Loan Rates & Trends, Week of May 29: Rates Ease
    Personal loan rates eased this week, lowering the overall average by 34 basis points and dipping back below 21%  ( 17 min )
    The New York City Economic Tracker: May 8, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )
    What Happens After You Refinance a Car Loan?
    Refinancing a car loan can lower your interest rate and monthly payment, adjust your repayment term, or even allow you to access some of the equity.  ( 22 min )
    How Many Car Loans Can You Have?
    There is no limit to how many car loans you can have at one time. However, it might be difficult to qualify for more than one, depending on your financial situation.  ( 22 min )
    Top CD Rates Today, May 30
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    How Long After Bankruptcy Can I Get a Car Loan?
    Getting a car loan after bankruptcy isn't impossible, but it may take some time for your credit to improve enough to qualify for auto financing. Here's what you need to know.  ( 24 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 23 min )
    How Long Are Car Loans?
    The average length of a car loan is 72 months, which is six years. However, the length of car loans can vary from as short as 12 months to as long as 96 months.  ( 21 min )
    Loan-Level Price Adjustment (LLPA) Definition
    A loan-level pricing adjustment (LLPA) is a risk-based fee assessed to mortgage borrowers using a conventional mortgage. Learn how it works.  ( 21 min )
    Dow Jones Today: Index Down on Debt Ceiling Jitters
    Hopes of a debt ceiling deal were rattled after some Republican lawmakers expressed opposition to the agreement, helping send the Dow Jones Industrial Average lower by 0.15%, or 50 points.  ( 16 min )
    Is Living in Europe Cheaper Than Living in America?
    Discover the benefits of living in Europe and whether living there rather than the United States makes financial sense.  ( 20 min )
    Markets Mixed on Concerns Debt Ceiling Deal Might Not Pass House
    The Dow fell, the Nasdaq rose and the S&P 500 was virtually unchanged on Monday, May 30, 2023, as the debt ceiling deal goes to Congress for approval  ( 16 min )
    How To Open an IRA in 2023
    Saving for retirement is crucial for financial stability and one of the best ways to do that is with an IRA. Learn how to open an IRA and start saving for retirement.  ( 26 min )
    GDP Per Capita Defined: Applications and Highest Per Country
    GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 24 min )
    Memorial Day Holiday Weekend Air Travel Exceeds Pre-Pandemic Level
    Airports had more passengers over the Memorial Day holiday weekend than before the COVID-19 pandemic.  ( 16 min )
    Debt Ceiling Deal: What Each Side Got
    Neither Democrats or Republicans got their most ambitious proposals, but each side came away with provisions that they're spinning as victories.  ( 18 min )
    Consumer Confidence Drops on Pessimism Over Current Conditions
    The Conference Board's index of consumer confidence fell in May, although not as much as economists expected.  ( 16 min )
    High-Net-Worth Individual (HNWI): Criteria and Example
    "High-net-worth individual" (HNWI) is a financial industry classification for a person with liquid assets above a certain figure. The minimum used is often $1 million.  ( 24 min )
    How to Trade Options on Robinhood
    Robinhood’s commission-free trading and easy-to-use platform have disrupted the brokerage industry. Come learn how to trade options on this groundbreaking platform.  ( 21 min )
    Actively Managed ETF: Meaning, Overview, Limitations
    An active managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation.  ( 22 min )
    What Is a No-Doc Business Loan And Is One Right for Your Business?
    A no-doc business loan can be a quick way for business owners to secure financing that they may not be able to access through a traditional bank loan.  ( 23 min )
    What Real Gross Domestic Product (Real GDP) Is, How to Calculate It, vs Nominal
    Real gross domestic product is an inflation-adjusted measure of the value of all goods and services produced in an economy.  ( 29 min )
    How to Store Cryptocurrency in 2023
    If you are investing in crypto, keeping your crypto safe from cyberattacks is crucial. Learn how to store your cryptocurrency safely and keep your investment secure.  ( 25 min )
    How Does a Bank Account Debit Work?
    A debit to your account happens when you use funds to purchase goods or services. Learn more about the process that takes place when a debit occurs.  ( 22 min )
    How Long Are RV Loans?
    RV loans typically have longer terms that may be similar to a mortgage. Before getting an RV loan, you can estimate total loan costs based in part on the loan length.  ( 22 min )
    Gross Domestic Product (GDP): Formula and How to Use It
    Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.  ( 38 min )
    Top Cruise Line Stocks for 2023
    Carnival Corp., Norwegian Cruise Line Holdings, and Royal Caribbean lead cruise line stocks for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Wells Fargo CD Rates: May 2023
    Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 19 min )
    How to Choose Health Insurance in 2023
    Buying health insurance can be a time-consuming process. We reviewed the best health insurance on the market so you can make an informed decision about your coverage.  ( 23 min )
    How to Invest in ESG in 2023
    Environmental, social, and governance, also known as ESG, is a more ethical way to invest. Learn how to invest in ESG and make a positive impact with your portfolio.  ( 24 min )
    Today's Mortgage Rates & Trends - May 30, 2023: Rates Hit New High
    Mortgage rates continue to soar, with the 30-year average adding another eighth of a percentage point to surpass the 20-year peak it reached in October.  ( 19 min )
    4 Problems With Costco's Business Model (COST)
    Read about some of the problems with Costco's business model. While the company has been successful, there are still several risks to consider.  ( 22 min )
    Preparing Clients for a Successful Wealth Transfer
    Financial literacy, communication, and confidence play a vital role in wealth transfer planning.  ( 22 min )
    What Does Your Advisor's Designation Mean?
    From the CFP to the CPA, do you know what your advisor's designation means?  ( 26 min )
    Home Price Declines Likely Over For Now, S&P Case-Shiller Says
    Home prices rose in March, a second consecutive month of increase, as low inventory fueled competition. And higher prices are here to stay for now, according to S&P Dow Jones analysts.  ( 16 min )
    How to Invest in AI in 2023
    AI isn’t science fiction anymore; it’s now a reality and a part of society. Learn how to invest in AI in 2023, and research the best AI stocks and ETFs on the market.  ( 24 min )
    Double-Cycle Billing Definition
    Double-cycle billing is a now-banned practice of billing credit card customers by charging interest on the average debt accrued over the last two months, instead of just for the current month.  ( 19 min )
    Nvidia Enters $1 Trillion Valuation Club
    Nvidia's market capitalization crossed $1 trillion in early trading Tuesday, adding it to the elite group comprising Apple, Amazon, Microsoft, and Google parent Alphabet.  ( 16 min )
    Financial Advisor: Overview, FAQ, How to Choose One
    Financial advisors are responsible for every aspect of their customer's financial life, from estate planning to tax planning to saving for retirement, and more.  ( 27 min )
    What Is Sequestration?
    Sequestration is a term adopted by Congress to describe a fiscal policy process that automatically reduces spending increases across most departments.  ( 22 min )
    Cryptocurrencies To Watch: Week of May 30
    This week’s cryptocurrencies to keep an eye on are NEO (NEO), SingularityNET (AGIX), IOTA (MIOTA), Conflux (CFX), and Arbitrum (ARB).  ( 20 min )
    Reexamining Our Perceptions About The Best Long Term Investments
    Stocks have fallen out of favor as Americans’ perception of the best long term investment according to a recent Gallup poll—even as the market is recovering from 2022’s losses. Michael Batnick and Ben Carlson of the Animal Spirits podcast, and Dr. Preston Cherry, founder of Concurrent Financial Planning, join the show to examine what wealth and retirement mean today, how that’s changed, and how to invest for the long term.  ( 18 min )
    Which Major Retailers Accept Buy Now, Pay Later?
    Buy now, pay later has become a popular way to make purchases online and in stores. Here’s a list of participating retailers for six major services.  ( 25 min )
    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 18 min )
    Treasury Investment Growth Receipts (TIGRs) Definition
    Treasury Investment Growth Receipts (TIGRs), issued from 1982 until 1986, were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch.  ( 21 min )
    How to Analyze Corporate Profit Margins
    Understanding these three common measures of profitability can help you take a deeper look at a company's profit margin.  ( 26 min )
    Negative Information
    Negative information is data in a consumer’s credit report that lowers their credit score or makes them look like a higher risk to lenders.  ( 18 min )
    Ultra-High-Net-Worth Individual (UHNWI): Definition and Criteria
    Ultra-high-net-worth individuals (UHNWIs) are people with at least $30 million in investable assets. Their ranks continue to grow globally.  ( 19 min )
    Fast-Moving Consumer Goods (FMCG) Industry: Definition, Types, and Profitability
    Fast-moving consumer goods (FMCG) are cheaper products that sell quickly such as milk, gum, fruit and vegetables, soda, beer, and common drugs like aspirin.  ( 23 min )
    The 5 Biggest Financial Advisory Firms in the U.S.
    Read about the five largest financial advisory services firms in the United States, including big names such as Vanguard and JPMorgan Chase.  ( 22 min )
  • Open

    Gevallen techmiljardair Elizabeth Holmes begint vandaag aan celstraf
    De voor fraude veroordeelde ondernemer Elizabeth Holmes heeft zich dinsdag bij de gevangenis in Texas gemeld. De Amerikaanse zou met haar bedrijf Theranos beleggers en klanten hebben misleid en moet voor zo'n elf jaar achter de tralies.  ( 4 min )
    Schiphol moet personeel beter beschermen tegen uitstoot vliegtuigen
    Schiphol moet zijn personeel beter beschermen tegen de schadelijke uitstoot van vliegtuigen, zegt de Nederlandse Arbeidsinspectie. De inspectie vindt dat de luchthaven er bijvoorbeeld voor moet zorgen dat vliegtuigen geen schadelijke stoffen meer uitstoten tijdens het taxiën.  ( 3 min )
    Alles wordt anders na de historische hervorming van het pensioenstelsel
    Het op een na beste pensioenstelsel ter wereld wordt ingeruild voor een nieuw pensioen als de Eerste Kamer er vandaag mee instemt. In het nieuwe stelsel wordt 1.500 miljard euro verdeeld in twintig miljoen persoonlijke pensioenpotjes en gaat je pensioen sneller omhoog of omlaag. Gaan we er wel op vooruit?  ( 7 min )
    Gevallen techmiljardair Elizabeth Holmes meldt zich vandaag bij gevangenis
    De van fraude beschuldigde ondernemer Elizabeth Holmes gaat dinsdag naar verwachting de gevangenis in. De Amerikaanse ondernemer zou met haar bedrijf Theranos beleggers en klanten hebben misleid en moet voor zo'n elf jaar achter de tralies.  ( 3 min )
    Boter, suiker en brood werden in half jaar flink duurder
    De prijzen voor basisboodschappen als brood, groenten en boter zijn in een half jaar met 15 procent gestegen. Uitschieter is de prijs van suiker, die met maar liefst 80 procent toenam.  ( 3 min )
    Werknemers in supermarkten kunnen rekenen op flinke loonsverhoging
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
    Hackers kunnen elektriciteitsnet platleggen via omvormers van zonnepanelen
    Doordat de omvormers van veel zonnepaneelsystemen makkelijk te hacken zijn, kunnen grote stroomstoringen ontstaan. Als kwaadwillenden veel panelen tegelijk uitzetten, is er plots te weinig elektriciteit op het stroomnet.  ( 3 min )
    Prijzen in Nederlandse industrie dalen voor het eerst in twee jaar
    Voor het eerst in twee jaar dalen de prijzen die Nederlandse industriebedrijven vragen voor hun goederen. De prijzen waren in april 2,3 procent lager dan in dezelfde maand vorig jaar.  ( 3 min )
    Hoger loon voor werknemers in de supermarkten
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
    Stakingen supermarkten haast uitgesloten: hogere lonen belangrijkste speerpunt
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
  • Open

    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 1 min )

  • Open

    Third Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
    (Bloomberg) -- As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd. in the first quarter of this year, other top hedge funds were also piling in. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap D  ( 8 min )
    Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees
    (Bloomberg) -- Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins’ Gemini crypto exchange just seem to keep piling up. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier  ( 13 min )
    Insiders Pour Millions Into These 2 Beaten-Down Stocks, and Analysts Say They Could Be Ready to Bounce Back
    Savvy investors will always be looking to pick up shares of undervalued stocks. That is, after all, the essence behind the slogan ‘buy low, sell high.’ The problem, though, lies in determining which stocks are merely temporarily languishing in the doldrums and are primed to pick up steam, rather than indicating that their depressed prices are just not worth the time of day. Of course, there are many ways to assess that scenario, and one simple strategy is to examine the actions taken by insiders  ( 10 min )
    Retail investors aren't buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
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    Markets are sounding alarms on China's economy, but analysts say Wall Street is missing the big picture
    "That's the one big negative factor that I worry about more than all the other things that we have talked about. Why is private investment so weak?"  ( 7 min )
    Nvidia is not the only firm cashing in on the AI gold rush
    Selling specialist chips and infrastructure is becoming a trillion-dollar industry  ( 12 min )
    Arby's employee found dead in freezer had 'beat her hands bloody' trying to escape, lawsuit says
    The family of an Arby's employee who was found dead inside a walk-in freezer at a Louisiana restaurant is suing the owners for wrongful death and gross negligence.  ( 7 min )
    Crocs 'Ugly' Shoe Company Outperforming Tech Giants Microsoft, Amazon And Meta Platforms In The Stock Market
    The latest stock sensation might just be hiding in your shoe closet or even on your feet right now. Colorado-based company Crocs Inc. (NASDAQ:CROX) has quietly outperformed some of the biggest players in the market over the past five years, including tech behemoths like Microsoft Corp, Meta Platforms Inc., and Amazon.com, Inc. Don’t Miss: Thanks to changes in federal law, anyone can invest in EV startups The shoe company that was once a fashion faux-pas has been making investors happy over the l  ( 8 min )
    Big Tech stocks' massive gains this year have made them even more dominant. That could be bad news for investors.
    No content preview
    Long-Dated Treasury Futures Rally in Wake of Debt-Ceiling Accord
    (Bloomberg) -- Treasury futures linked to the 10- to 30-year part of the US government bond market rallied on light volume Monday, as traders looked ahead to an array of supportive factors that could come into play when trading resumes Tuesday after the Memorial Day holiday.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap  ( 7 min )
    Toronto Condo Investors Are Losing Money in a Bad Sign for Renters
    (Bloomberg) -- The majority of investors who took on mortgages in 2022 to pay for new Toronto condos have been losing money every month, a shift that could discourage future building in what is already one of North America’s tightest rental markets.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain  ( 7 min )
    Canada’s Largest Pension Bought Apple, and Sold Tesla and EV Stocks
    Canada Pension Plan’s manager scooped up Apple stock, and cut positions in Tesla, NIO, XPeng, and Li Auto in the first quarter.  ( 22 min )
    Charlie Munger Says US Nearing 'Mild' Recession, But It Won't Be 2008 All Over Again
    Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., expressed his concerns about the United States heading toward another fiscal crisis. In an interview with the Financial Times, Munger highlighted the problematic situation of commercial property loans held by U.S. banks, stating that many of them would be deemed as “bad loans” because of declining property values. He emphasized that this indicates a negative outcome for the American commercial property mark  ( 9 min )
    Could the U.S. Default on June 5? It Depends
    It isn’t certain what happens on the so-called X-date if Congress doesn’t raise the debt limit.  ( 26 min )
    PayPal CEO wanted: must be able to reverse $293bn share price slump
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    10 Stocks to Play a Resurgent Energy Sector, From Our Roundtable Experts
    Our energy roundtable experts see value in U.S. shale stocks and European majors as global energy demand outstrips supply.  ( 83 min )
    Markets Mixed Ahead of Debt-Ceiling Vote
    Global stocks were mixed in thin trading Monday after a preliminary deal to raise the U.S. debt ceiling was struck between the White House and Republican negotiators.  ( 32 min )
    Can I Make Money Off a Passively Managed Index Fund?
    If you would like to invest in a financial asset with low operating costs, exposure to the broad market or a market sector and lower taxes, an index fund might be for you. You will find that you can use … Continue reading → The post How to Invest in Index Funds appeared first on SmartAsset Blog.  ( 10 min )
    Fidelity or Charles Schwab: I'm Looking For a Well-Established, Long-Term Broker. Which Is Better?
    As investing platforms, Charles Schwab and Fidelity make for a very apples-to-apples comparison. Both are long-standing brokerage houses with a history of financial management, personal advising and retail services. Both have introduced online trading platforms in the form of apps … Continue reading → The post Fidelity vs. Charles Schwab: Which Is Best? appeared first on SmartAsset Blog.  ( 11 min )
    Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides?
    A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs). What are the cons? -Ken When used in the right circumstances and … Continue reading → The post Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 40 Comfortably with $2 Million?
    Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: This Overlooked Asset Could Break Out in 2023. Is It Right For You?
    In the world of investments, perhaps none are less flashy than municipal bonds. If stocks and corporate bonds are the steak and roasted potatoes of your investment plate, municipal bonds are more like steamed brussels sprouts. But this overlooked asset … Continue reading → The post Morningstar Says This Overlooked Asset Could Break Out in 2023 appeared first on SmartAsset Blog.  ( 7 min )
    This Lucrative Asset Class Could Help You Build Wealth
    Value stocks may be the one asset class you must have in your portfolio for the next decade. After a decade-plus of underperformance and decline, value investing began to rebound in September 2020. While the emergence of the Delta variant … Continue reading → The post This Is the Asset Class You Want in Your Portfolio Over the Next 10 Years appeared first on SmartAsset Blog.  ( 9 min )
    JPMorgan analysts love these energy stocks — and give them at least 40% upside
    Not for nothing does the phrase “buy low, sell high” get overused. The best opportunities often arise following a pullback and the investment experts at JPMorgan are keen to point them out. They have been closely monitoring the energy market and are seeing a lot of promise in energy companies. The banking giant is showing a positive outlook on two specific energy stocks with the pair offering different value propositions. Both have been underperforming the market this, but JPM’s analysts are pro  ( 10 min )
    Whether in China or the U.S., Gen Z doesn’t want your low-paying jobs. Stagnant wages and stigma around blue-collar work keeps them jobless
    China and the U.S. are urging Gen Z to take on blue-collar jobs, but unless the sector has better pay and respect, Gen Z isn't all that interested.  ( 11 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Bitcoin drops below US$28,000, Tron’s deflation slows losses
    Bitcoin couldn’t maintain its Monday morning gains as the world’s largest cryptocurrency dropped below US$28,000 in the afternoon.  ( 7 min )
    US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman
    The proposed Digital Asset Mining Energy tax has reportedly been taken off the table, according to U.S. Congressman Warren Davidson.  ( 8 min )
    Stock Futures Rise as U.S. Nears Deal to Lift Debt Ceiling
    Futures tied to the Dow Jones Industrial Average rose 0.2%, while S&P 500 futures rose 0.3% and Nasdaq futures were up 0.5%. U.S. and U.K. markets are closed on Monday for public holidays.  ( 29 min )
    Turkish Lira Falls After Erdogan Wins Another Five Years in Power
    (Bloomberg) -- Turkey’s lira weakened after Recep Tayyip Erdogan won a presidential runoff election on Sunday, extending his time as the nation’s longest-serving leader in a tenure that has increasingly alienated foreign investors.Stocks rose and dollar bonds were mixed at the open as investors awaited appointment of a new economic team that he promised would have “international credibility,” hinting at a potential turn away from an unorthodox policy mix based on ultra-low interest rates and hea  ( 8 min )
    Adani has put India back in the world's top five stock markets list
    Last week’s stellar revival in Adani Group stocks has helped India reclaim its position among the world’s five largest stock markets.  ( 7 min )
    In the Market: Amid the calm, the Fed brews the next storm
    Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. Surprised by the persistence of inflation in the face of the fastest rate hike cycle since the 1980s, Kashkari and some other Fed officials have turned up the heat again in recent days, with a hawkish outlook on interest rates. In doing so, they may also be inadvertently setting the stage for the next market crisis and Fed intervention, in turn, undercutting the bank's policy tightening to fight inflation.  ( 7 min )
    ‘No one can predict how high they might go’: Wharton’s Jeremy Siegel says the A.I. boom is ‘not a bubble yet’ after Nvidia’s $184 billion rally
    Rosy guidance from chipmaker Nvidia last week helped spark the third-largest single-day jump in market value in U.S. history.  ( 8 min )
    Iraq Boosts Gold Reserves by 2% in Single Day in Gradual Buildup
    (Bloomberg) -- Iraq’s central bank boosted its gold reserves by about 2% in a single day last week as part of what it calls a gradual plan to stock up on the precious metal that’s seen as a traditional haven in times of economic distress.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’  ( 7 min )
    3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
    The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and Beijing's alliance with Russia amid the war.  ( 10 min )
    India files graft case against BAE Systems, Rolls-Royce
    NEW DELHI (Reuters) -India has filed a graft case against Britain's BAE Systems plc and Rolls-Royce Holdings for "criminal conspiracy" in the procurement and licensed manufacturing of 123 Hawk 115 advanced jet trainers, a document showed. The case is based on the findings of an investigation launched by India's Central Bureau of Investigation (CBI) in 2016, the federal police document dated May 23 said. BAE Systems and Rolls-Royce did not immediately respond to Reuters' requests for comment on Monday, which is a bank holiday in Britain.  ( 7 min )
    Bitcoin Jumps to More Than Two-Week High on Relief Over US Debt Ceiling
    (Bloomberg) -- Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe largest digital token added  ( 6 min )
    Thai economy resilient, on path to full recovery - Finance Minister
    Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia's second-largest economy expanded faster than expected in the first quarter of this year due to a revival in its vital tourism sector. The economic recovery has been supported by a comprehensive and timely policy mix of fiscal and monetary policies, which respectively should continue to be implemented proactively and prudently, Arkhom Termpittayapaisith told a World Bank forum.  ( 6 min )
    Nvidia, MediaTek partner on connected car technology
    Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for infotainment displays.  ( 7 min )
    Saudi Net Reserves Fall to $410 Billion, Lowest Since 2010
    (Bloomberg) -- Saudi Arabia’s foreign reserves fell in April to the lowest in more than 13 years, in an apparent sign the kingdom hasn’t yet used last year’s $326 billion oil windfall to top up the central bank’s holdings. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’s Richest Man T  ( 7 min )
    India Reclaims Spot as World’s Fifth-Largest Stock Market
    (Bloomberg) -- India has reclaimed its spot as the world’s fifth largest stock market after losing that status to France in January, as foreign investors snap up the Asian nation’s shares.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Val  ( 7 min )
    Baidu Shares Jump as Ernie Bot Progress Rekindles AI Bets
    (Bloomberg) -- Baidu Inc. shares jumped in Hong Kong following reports that it will soon launch a large-language model to power its ChatGPT-Like app Ernie Bot. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe shares rose as much as  ( 7 min )
    Nvidia’s New AI Supercomputer Is a Game Changer. Google, Meta, and Microsoft Will Be First Users.
    Nvidia said Google, Meta, and Microsoft would be among the first companies to get access to its DGX GH200 supercomputer.  ( 22 min )
    Bear Market Looms for China Stocks in Hong Kong as Losses Mount
    (Bloomberg) -- A gauge of Chinese shares traded in Hong Kong inched closer to bear-market territory as a wobbling economic recovery, intensifying geopolitical tensions and a weaker yuan keep investors away.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline  ( 7 min )
    Why Are Markets So Calm? It’s Revenge of the Quant Funds
    Firms that use computers to determine buy and sell signals have been loading up while other investors sit back.  ( 30 min )
    Is the Stock Market Open Today? Here Are the Trading Hours for Memorial Day.
    U.S. investors will likely welcome a chance to grab some sunshine on the federal holiday.  ( 23 min )
    The AI Boom Runs on Chips, but It Can’t Get Enough
    A shortage of the kind of advanced chips that are the lifeblood of new generative AI systems has set off a race to lock down computing power and find workarounds.  ( 28 min )
    Commercial property’s big reset will present opportunities
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
    Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling. Tokyo, Sydney and Shanghai advanced while Hong Kong fell. The agreement on the U.S. debt eased what had been a potentially huge threat to markets worldwide.  ( 9 min )
    It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
    (Bloomberg) -- China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation tear into margins at steel mills, metals smelters, chemicals firms and coal miners.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 8 min )
    Bitcoin back above US$28,000 as cryptos rebound on US debt ceiling talks
    Bitcoin moved back above US$28,000 on Monday morning in Asia, leading a rally among all top 10 non-stablecoin tokens. Ether reclaimed the US$1,900 level.  ( 8 min )
    Gold prices slip on US debt limit deal, Fed rate-hike bets
    Gold prices edged lower on Monday as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling coupled with jitters around higher-for-longer interest rates dampened demand for the non-yielding metal. Hurting gold's appeal as a safe-haven asset, U.S. President Joe Biden said on Sunday he had finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025 and that the deal was ready to move to Congress for a vote. "The fact the odds of a hike were as low as 17.4% just over a week ago show how expectations for a Fed pause have been abandoned, helping the US dollar rise for a third week and weigh on gold prices," City Index senior market analyst Matt Simpson said.  ( 7 min )
    Indian rupee may struggle on rising likelihood of Fed rate hike
    The Indian rupee may come under pressure on Monday, after a tentative deal to raise the U.S. debt ceiling made it likely that the U.S. Federal Reserve will raise rates next month. Non-deliverable forwards indicate the rupee will slightly lower from the previous session's level of 82.575 per U.S. dollar. Odds of a 25 basis points Fed rate hike at the June 13-14 meeting climbed to 2-in-3 after President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy to suspend the existing debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote.  ( 6 min )
    Turkish Lira May Slide 29% After Erdogan Victory, Morgan Stanley Says
    (Bloomberg) -- The Turkish lira is at risk of a 29% slump should President Recep Tayyip Erdogan, who clinched another five-year term, stick to his policy of keeping interest rates low.That’s according to Morgan Stanley analysts including Hande Kucuk and Alina Slyusarchuk, who wrote in a Sunday note that the lira may reach 26 per dollar sooner than earlier expected and weaken close to 28 by the end of the year, without a change in policy direction. The currency closed at 19.97 per dollar on Frida  ( 7 min )
    Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism
    The dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a debt ceiling deal had been finalised sparked some risk-on sentiment. The yen's renewed decline has come on the back of rising U.S. Treasury yields, as bets grow that interest rates in the United States would stay higher for longer. Data released on Friday showed that U.S. consumer spending increased more than expected in April and inflation picked up, adding to signs of a still-resilient economy.  ( 8 min )
    Asian shares, US futures rise on debt ceiling deal
    Asian shares and U.S. stock futures rose on Monday, buoyed by a weekend deal by U.S. President Joe Biden and congressional Republican Kevin McCarthy to suspend the government's debt ceiling, ending a months-long stalemate and angst for investors. After weeks of negotiations, McCarthy and Biden forged a agreement late on Saturday to avert an economically destabilising default to suspend the $31.4 trillion debt ceiling until 2025. The positive news lifted S&P 500 futures 0.4% in early trade while Nasdaq futures firmed 0.6%.  ( 7 min )
    US Stock Futures, Asian Equities Rise on Debt Deal: Markets Wrap
    (Bloomberg) -- US stock futures advanced as appetite for risk taking returned to global markets following the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republi  ( 9 min )
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    Rental Property Tax Deductions
    Rental property owners save money by deducting mortgage interest, depreciation, property taxes, and the cost of operation and maintainence.  ( 31 min )
    World Insurance
    World insurance protects firms from being sued by an international plaintiff.  ( 19 min )
    FAKO Score Definition
    "FAKO Score” refers to any credit score that is not the “FICO Score” developed and sold by the credit scoring company, Fair Isaac Corporation (FICO).  ( 21 min )
    Auction Market Preferred Stock (AMPS) Definition
    Auction market preferred stock refers to preferred equity securities that have interest rates or dividends that are periodically reset.  ( 19 min )
    Heritage and Stabilization Fund (HSF)
    The Heritage and Stabilization Fund is a sovereign wealth fund established in 2007 by the Republic of Trinidad and Tobago.  ( 20 min )
    Double-Barreled Bond
    A double-barreled bond is a municipal bond in which the interest and principal payments are pledged by two distinct entities—revenue from a defined project and the issuer and its taxing power.  ( 20 min )
    How Blockchain Can Help Emerging Economies
    Blockchain can help the flow of data and money in emerging economies.  ( 22 min )
    Lock Period Definition
    A lock period is the window of time over which a mortgage lender must keep a specific loan offer open to a borrower.  ( 19 min )
    Lottery: Overview, History, Advantages and Disadvantages
    A lottery is a low-odds game of chance or process in which winners are decided by a random drawing.  ( 19 min )
    Can You Use a Home Equity Loan for Investment Property?
    Real estate investing has been white hot. Should you take out a home equity loan to get in on the action?  ( 23 min )
    The 9 Biggest Hedge Fund Failures
    Learn about major hedge fund failures including the Madoff investment scandal and insider trading cases at SAC Capital, LTCM, and the Galleon Group.  ( 28 min )
    Indexing: Definition and Uses in Economics and Investing
    Indexing may be a statistical measure for tracking economic data, a methodology for grouping a specific market segment, or an investment management strategy for passive investments.  ( 22 min )
    What Is Rescission? Requirements, How It Works, and Example
    Rescission is the voiding of a contract that a court does not recognize as legally binding. Find out when you can and cannot rescind a contract.  ( 23 min )
    Ripple Definition
    Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency called XRP.  ( 24 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Reverse Calendar Spread Definition
    Reverse calendar spread involves buying and selling a short and long term option on the same underlying security with the same strike price.  ( 19 min )
    Swimming Pools: Costs vs. Long-Term Value
    Consider the costs of installing and maintaining a swimming pool, and compare them with the utility and market value it adds to your home.  ( 24 min )
    Capital Loss Carryover: Definition, Rules, and Example
    Capital loss carryover is the amount of capital losses a person or business can take into future tax years.  ( 26 min )
    Medicaid Waiver
    A Medicaid waiver is an expansion of Medicaid eligibility for people with disabilities, among other populations.  ( 22 min )
    The 50/30/20 Budget Rule Explained With Examples
    Learn about Elizabeth Warren's 50/20/30 budget rule; a simple and effective plan for personal money management and wealth creation.  ( 25 min )
    5 Common Misconceptions About Fiduciaries
    Understanding what a fiduciary is will help you know what to expect from the person you trust with your money.  ( 22 min )
    Second Mortgage: What It Is, How It Works, Lender Requirements
    A second mortgage is a mortgage made while the original mortgage is still in effect. Learn the requirements for a second mortgage and how to apply.  ( 24 min )
    What Is a Hash? Hash Functions and Cryptocurrency Mining
    A hash is a function that converts an input of letters and numbers into an encrypted output of a fixed length.  ( 23 min )
  • Open

    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 1 min )
  • Open

    Grootouders reizen stad en land af om op kleinkinderen te passen
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt ze niet in dank afgenomen.  ( 7 min )
    Turkse lira verliest terrein ten opzichte van Amerikaanse dollar
    De Turkse lira heeft maandag terrein verloren ten opzichte van de Amerikaanse dollar. De koersdaling van de Turkse munt volgt op de herverkiezing van president Recep Tayyip Erdogan, die zondag de tweede ronde van de presidentsverkiezing heeft gewonnen.  ( 4 min )
    Opa's en oma's springen in het gat van de oververhitte kinderopvang
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt niet in dank afgenomen.  ( 7 min )
    NU+ | De digitale euro komt eraan, dit is wat we al weten
    De Europese Commissie werkt momenteel aan een digitale variant van de euro en wil volgende maand met een wetsvoorstel komen. Ondertussen heeft het kabinet een aantal eisen op tafel gelegd waar de e-euro aan moet voldoen. Maar waar is een digitale euro eigenlijk voor nodig? En is het zeker dat hij er komt?  ( 5 min )
    Pakketje ophalen bij de buurtwinkel? Winkelier zit ermee in zijn maag
    Buurtwinkels hebben het druk met de stroom aan postpakketten. Hun magazijnen staan tot aan de nok toe vol met dozen die wachten om opgehaald te worden. Het levert winkeliers "belabberd weinig geld" op, maar slechts een enkeling stopt ermee.  ( 4 min )

  • Open

    How Fiat Currency Crises Drive Nations Toward Cryptocurrencies
    Countries like El Salvador, Iran, and Venezuela have turned to cryptocurrencies as fiats have experienced inflation and other troubles.  ( 19 min )
    How Mortgage Points Work
    Do you want to buy a house or apartment with lower upfront costs? Learn how mortgage points can help you pay less for your home.  ( 25 min )
    Transfer Pricing: What It Is and How It Works, With Examples
    Transfer pricing is an accounting and taxation-linked practice allowing companies to save on taxes.  ( 22 min )
    When Will Amazon (AMZN) Accept Bitcoin?
    Amazon has been reluctant to embrace Bitcoin for various reasons, though some of those reasons are purely speculation.  ( 21 min )
    3 Reasons to Invest in Multi-Family Real Estate
    Here are three reasons to consider investing in multi-family real estate.  ( 20 min )
    Mass Index: Overview and Examples in Technical Analysis
    Mass index is a form of technical analysis that looks at the range between high and low stock prices over a period of time.  ( 18 min )
    Accounts Receivable (AR) Discounted Definition
    Accounts receivable discounted refers to the selling of unpaid outstanding invoices for a cash amount that is less than the face value of those invoices.  ( 19 min )
    Understanding Political Gridlock, Causes and Solutions
    Gridlock occurs in politics when the government is unable to pass laws because rival parties control different parts of the executive and legislative branches.  ( 23 min )
    What's the Difference Between Value Chain vs. Supply Chain?
    The term "value chain" refers to the process in which businesses receive raw materials, add value to them to create a finished product, and then sell the finished product to consumers. A "supply chain" represents the steps it takes to get the product or service to the customer.  ( 19 min )
    Fiscal Agent
    A fiscal agent is an organization, such as a bank or trust company, that acts on behalf of another party performing various financial duties.  ( 18 min )
    Monoline Definition
    Monoline refers to the practice of specializing in a single line or discipline of the financial services business.  ( 19 min )
    Estimated Long-Term Return Definition
    Estimated long-term return is a hypothetical measure that forecasts an investor's expected return over the life of an investment.  ( 18 min )
    Going Public Definition
    Going public is the process of selling shares that were formerly privately held to new investors for the first time.  ( 20 min )
    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
    A tentative agreement between President Joe Biden and House Speaker Kevin McCarthy could lead to a stock market rally.  ( 17 min )
    Floater Insurance: What it is, How it Works, Examples
    Floater insurance covers property that is easily movable and provides additional coverage beyond the scope of traditional policies.  ( 20 min )
    Spot Commodity Definition
    "Spot commodity” refers to a commodity that is being sold with the intention of being delivered to the buyer either presently or within a few days.  ( 18 min )
    Omnibus Clause Definition
    An omnibus clause is an automobile liability insurance policy clause that extends coverage to individuals not named in the policy.  ( 19 min )
    Chief Risk Officer Definition, Common Threats Monitored
    A chief risk officer (CRO) is an executive who identifies and mitigates events that could threaten a company.  ( 19 min )
    Resolving Disputes With Your Financial Advisor
    Before you blame your advisor for your losses, be sure you know your rights and responsibilities.  ( 25 min )
    4 Signs It's Time to Fire Your Financial Advisor
    Financial advisors can help you increase and protect your wealth. Learn when it’s time to fire your financial advisor and how to find a good one.  ( 22 min )
    Summa Cum Laude: Definition, Meaning, and Requirements
    Summa cum laude is an academic level of distinction used by educational institutions to signify a degree that was received "with highest honor."  ( 23 min )
    How to Give the White House Your Input on Rapidly Growing AI Technology
    The initiatives are the first steps of a plan the White House hopes to form as it grapples with the impacts of artifical intelligence and considers regulation.  ( 18 min )
    How Do I Know I Can Trust My Financial Advisor?
    Savvy investors know to ask an advisor questions on these five essential subjects.  ( 21 min )
    What Fees Do Financial Advisors Charge?
    Learn how much financial advisors charge clients and discover the various payment plans available to customers seeking financial advisory services.  ( 23 min )
    An Inflation Upside: You Can Put More In Your Health Savings Account
    Surging inflation means that Health Savings Account contribution limits have risen, an opportunity for people who want to take full advantage of the tax advantages.  ( 16 min )
    Top Retail Stocks for Q2 2023
    MercadoLibre, Aritzia, and MINISO Group lead the industry in revenue growth  ( 20 min )
    U.S. Debt Ceiling: Definition, History, Pros, Cons, Clashes
    The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 28 min )
    Biden, McCarthy Agree To Two-Year Deal To Raise Debt Ceiling
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    4 Basic Things to Know About Bonds
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  • Open

    Oil gains after US leaders strike debt deal
    (Reuters) -Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. U.S. President Joe Biden and House Speaker Kevin McCarthy on the weekend forged an agreement to suspend the $31.4 trillion debt ceiling and cap government spending for the next two years.  ( 7 min )
    Oil climbs after US leaders strike provisional debt deal
    Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling.  ( 7 min )
    Wall Street’s Best Analyst Suggests 2 Semiconductor Stocks to Buy — Here’s What Makes Them Stand Out
    Today, investors have access to huge amounts of information that can help in pointing towards the best stocks to pick up. So much information, in fact, that it can often result in overload and confusion, rather than providing a clear signal. Therefore, it might be best to stick to an uncomplicated regime and let the stock picking experts lead the way. And on Wall Street, right now Jeffries analyst Mark Lipacis is the best of the lot. According to TipRanks, a platform that tracks and measures the  ( 10 min )
    The S&P 500 has rallied thanks to the AI boom, but parts of the index may be signaling a recession. Here's what 7 experts have said.
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    Marketmind: Relief rally eyed on US debt ceiling deal
    Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of a catastrophic default. Trading and market liquidity in Asia will be lighter than usual, however, with U.S. and UK markets closed for holidays, opening up the potential for outsized market moves. If so, they are likely to be outsized gains, certainly across risk assets - Wall Street rallied strongly on Friday, particularly the Nasdaq and mega tech stocks, and the news from Washington over the weekend will only be seen as positive.  ( 7 min )
    Analysis: Debt deal could boost unloved corners of U.S. stock market, though risks loom
    Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers face a difficult path to pass the agreement through Congress before the June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the White House and House Republicans late Saturday would avert a catastrophic U.S. default and boost overall appetite for risk while also buoying some of the sectors that have been left behind in this year’s tech-led rally, such as cyclical stocks and small caps, investors said. But some are wary that proposed spending cuts could weigh on U.S. growth.  ( 9 min )
    Ford EVs will have Tesla DNA and Waymo's robotaxis are coming to Uber
    Musk’s latest push toward turning Twitter into an actual town square. In the future, Ford’s next generation of EVs will be equipped with Tesla’s charge port, called the North American Charging Standard, starting in 2025. This will give them access to 12,000 Tesla Superchargers in the U.S. and Canada, which is double the number Ford customers currently have access to.  ( 14 min )
    Salesforce, Lululemon, Broadcom, Chewy, HP, and More Stocks to Watch This Week
    The market is closed on Monday for Memorial Day. Then, earnings reports, May jobs data, April JOLTS, consumer confidence, and manufacturing PMI.  ( 22 min )
    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
    A tentative agreement between President Joe Biden and House Speaker Kevin McCarthy could lead to a stock market rally.  ( 17 min )
    A lawyer faces sanctions after he used ChatGPT to write a brief riddled with fake citations
    For one New York lawyer, the nightmare of losing a job to AI could become a reality sooner than expected, but not for the reasons you might think.  ( 6 min )
    Debt Deal Adds Brake on US Economy Already at Risk of Recession
    (Bloomberg) -- The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind to a US economy already burdened by the highest interest rates in decades and reduced access to credit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTraders Gear Up to Embrace Riskier Assets After Debt-Cap DealTexas AG Ken P  ( 8 min )
    State Farm will no longer insure new homes in California because of wildfire risks
    State Farm will no longer provide home insurance to new California customers because of wildfire risks and an increase in construction costs.  ( 6 min )
    Jobs report, AI hype in focus after debt ceiling deal: What to know this week
    Investors will have eyes on Friday's jobs report and what's next in the artificial intelligence led rally in stocks.  ( 11 min )
    Fed's Goolsbee says U.S. debt ceiling deal avoids 'extremely negative' consequences
    Chicago Federal Reserve Bank President Austan Goolsbee said on Sunday he won't 'prejudge' whether he would support an interest-rate hike at the upcoming Fed meeting in June, but noted that the full impact of the central bank's rate increases to date have yet to be felt. "We are going to get a lot of important data between now and then," Goolsbee told CBS's Face the Nation. "The actions that the Fed takes take months or even years to work their way through the system...  ( 5 min )
    Brazilian Households Default Grow Amid High Interest Rates
    (Bloomberg) -- Brazilians are struggling to pay their debts on time, with four out every ten adults facing default, as central bankers keep monetary policy tight in an effort to bring inflation back to their target. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 6 min )
    The Bank of England has lost control of inflation – and we all face a terrible price
    Last week’s inflation figure was an absolute stinker. You could have been deceived into thinking that it was good news because the headline rate fell from 10.1pc to 8.7pc, but this drop was solely caused by last April's bumper increase in energy prices falling out of the annual comparison.  ( 9 min )
    Dow Jones Futures Loom: Debt-Ceiling Deal In Focus For AI-Led Market Rally
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    TipRanks ‘Perfect 10’ List: Ride the Tech Rebound With These 2 Top-Rated Stocks
    It’s safe to say that tech has been on the up recently. The spread of artificial intelligence (AI) has lit a fire under investors, and tech stocks have rallied some $4 trillion this year. The NASDAQ index, which is tech-heavy to begin with, gained 2.5% last week, and is up almost 25% since the onset of 2023, marking a turnaround from 2022’s bear market. By comparison, the S&P 500 is only up 9%, and the Dow has slipped slightly. The biggest winner in the tech rally so far is Nvidia. The company i  ( 11 min )
    US judge grants final approval to Apple’s $50 million ‘butterfly’ keyboard settlement
    A US judge gave final approval to a $50 million class-action settlement that will see payments sent out to users of older MacBook laptops.  ( 6 min )
    Minimum wage rises risk driving up the cost of groceries, says Aldi boss
    The boss of Aldi has warned Downing Street that increases in the minimum wage will drive up food prices for shoppers, as ministers race to tackle the cost of living crisis.  ( 7 min )
    Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
    (Bloomberg) -- Bond traders look set to pivot from worrying the US wouldn’t raise its debt limit to fretting about what the increase means for money markets.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking DownThe concern is that with a tentative deal  ( 7 min )
    How to Estimate Your Retirement Expenses (& Boost Your Retirement Income) Right Now
    Anticipating your retirement expenses is key to saving the right amount in 401(k)s, IRAs and more. Although getting exact figures might not be possible, projecting costs for healthcare, housing and lifestyle can help you create a realistic savings goal during … Continue reading → The post How to Estimate Your Expenses in Retirement appeared first on SmartAsset Blog.  ( 13 min )
    How Much Will It Cost Me to Retire in the United Kingdom?
    Numerous European countries are among the world's most attractive retirement destinations, and the United Kingdom (U.K.) is no exception. With its rustic villages, historic landmarks and lower cost of living, the U.K. can offer retirees the exact right amount of … Continue reading → The post How to Retire in the United Kingdom (UK) appeared first on SmartAsset Blog.  ( 10 min )
    What Are My Best Online Mutual Fund Investment Options?
    Mutual funds allow investors to diversify their portfolios by purchasing a broad range of assets in a single fund. Investors can buy mutual funds online directly through a fund provider, an investment company or an online brokerage. Here is how … Continue reading → The post How to Invest in Mutual Funds Online appeared first on SmartAsset Blog.  ( 9 min )
    How to Boost Your Retirement Income in Your 50s
    Regardless of when you start, saving for retirement is vital. Although most elderly Americans depend on Social Security to some degree, the average recipient collects only $1,691 per month – not enough money to live comfortably in most places. Your strategy for … Continue reading → The post How to Save for Retirement in Your 50s appeared first on SmartAsset Blog.  ( 10 min )
    4 Ways to Use Life Insurance Before You Die
    Inflation and rising interest rates have made saving difficult, especially if you're not in the top income bracket. Relentless monthly costs and unexpected expenses can put a hole in your budget and derail your savings efforts. And saving money on … Continue reading → The post How to Save Money on Low Income appeared first on SmartAsset Blog.  ( 8 min )
    How to Afford an Investment Property & Make Money Off It, ASAP
    If you're ready to step into the waters of investment property financing, this guide is here to help. You need to have your money and credit in order and know what your options are for loans. After all, purchasing an … Continue reading → The post Investment Property Financing Guide appeared first on SmartAsset Blog.  ( 9 min )
    Would the US Really Mint a Trillion-Dollar Coin to Raise the Debt Ceiling?
    In January, the Treasury ran out of revenue to continue paying the government's bills. Ordinarily, when the Treasury needs to spend more money than it collects in taxes, it issues new bonds. However, as of last month it reached a … Continue reading → The post How Can A Trillion Dollar Coin Raise the Debt Ceiling? appeared first on SmartAsset Blog.  ( 11 min )
    Wall Street’s Next Big Play Is Garbage
    The green push by the U.S. and state governments is turning trash into treasure and boosting the firms that handle America’s garbage.  ( 28 min )
    Traders Gear Up to Embrace Riskier Assets After Debt-Cap Deal
    (Bloomberg) -- Global markets are primed for a relief rally after US negotiators agreed to a tentative deal over the weekend to resolve a debt crisis that has battered risk sentiment in recent weeks.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking Down  ( 7 min )
    The Frantic Push to Solve Sovereign Debt Crises Irks Wall Street
    (Bloomberg) -- A shakeup is brewing in the $1.6 trillion universe of emerging-market sovereign debt — whether Wall Street likes it or not.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking DownAs government defaults rise to a record in the developing wor  ( 8 min )
    Author discovers 'most important financial skill' for achieving financial freedom
    Most of us have fits and starts on our financial journeys. But in the end, it comes down to “prosaic prudence,” Jonathan Clements, a retirement expert says.  ( 10 min )
    Numbers taking US accountancy exams drop to lowest level in 17 years
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    US debt ceiling crisis: risks still lurk for China despite prospect of deal, analysts say
    A tentative deal between the White House and Republicans to raise the US debt ceiling could bring temporary relief to the global financial market but there is still the risk of collateral damage, Chinese observers warned on the weekend. US President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle on Saturday on a deal that is believed to include a two-year debt limit increase and a cap on non-defence spending by the government. The agreement still needs the approval  ( 8 min )
    Chinese app factory Newborn Town has designs on Southeast Asia with many smaller platforms, flipping the TikTok model
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    Tech Stock Rally Leaves Small-Caps in the Dust
    One measure shows large-cap stocks beating smaller companies by the widest margin in 25 years.  ( 28 min )
    The ‘ruthless’ axeman carving out a new future for Rolls-Royce
    Long before green energy became de rigueur, Rolls-Royce was exploring how to generate clean power.  ( 10 min )
    Pay Attention to Silicon Carbide Chips, Says Hedge Fund Manager
    The production of lithium is scaling up rapidly, alongside the establishment of lithium refineries like the one built by Tesla (TSLA), which CEO Elon Musk has referred to as a “license to print money.” These refineries offer the opportunity to process lower-grade lithium, which is more abundant, into batteries suitable for EVs. At the same time, hedge fund managers and analysts see promise in another aspect of powering EVs – silicon carbide chips. The electric vehicle (EV) revolution is gaining  ( 8 min )
    ISS backs Toyota shareholder proposal on climate disclosure
    Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders of Toyota Motor Corp vote in favour of a resolution urging the automaker to improve disclosure of its lobbying related to climate change. The recommendation comes as Japan's largest company by market capitalisation faces pressure from green investors and climate activists which have criticised it for being slower than rivals to embrace all-battery electric vehicles (EVs). ISS in a report also said it regarded three of Toyota's four outside board director nominees as not truly independent.  ( 7 min )
    Gas Price Plunge Brings Relief to Europe After Energy Panic
    (Bloomberg) -- European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies before its invasion of Ukraine, helping to reverse a surge in inflation and bring relief to consumers.Most Read from BloombergBiden, McCarthy Forge Debt-Limit Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEur  ( 8 min )
    ‘Elon Musk of Essex’ chased by suppliers as it lays off staff
    An electric lorry company run by the “Elon Musk of Essex” has been forced to fight off legal action over late payments as it lays off staff and seeks to raise new funding.  ( 7 min )
    US Jobs Report Is Set to Provide Some Solace to the Fed
    (Bloomberg) -- US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace to Federal Reserve policymakers in their bid to wrangle still-elevated inflation.Most Read from BloombergWhite House, Republicans Reach Deal to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelEurope’s Economic Engine Is Breaking DownTexas AG Ken Paxton Impeached by Republican-Led State House‘Last of Us’ Multiplayer Video Game Faces Setbacks  ( 9 min )
    There’s a simple reason why inflation is persistently high
    Inflation fell less than expected in April. The UK’s consumer price index was 8.7pc higher last month than in April 2022, down from 10.1pc in March.  ( 9 min )
    Prepare for pain: Britain is hurtling towards a new crisis
    Bonds are meant to be boring. Investors buy them because they provide a predictable income stream. Pension funds buy them to hedge against their riskier bets. Prices and yields are usually dull and predictable - yet that is precisely the point.  ( 15 min )
    Stock Market Holidays 2023: Is Wall Street Closed For Memorial Day?
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    Analysis-Why a US debt deal may only provide short-term relief for markets
    Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for financial markets. U.S. President Joe Biden and top congressional Republican Kevin McCarthy on Saturday reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, two sources familiar with the negotiations said, potentially averting an economically destabilizing default. "This will be pretty good for the market," said Amo Sahota, director at KlarityFX, adding that it may give more reason for the U.S. Federal Reserve to feel confident about raising rates again.  ( 8 min )
    Biden, McCarthy Agree To Two-Year Deal To Raise Debt Ceiling
    In a major step toward averting the debt ceiling crisis, President Joe Biden and House Speaker Kevin McCarthy reached a tentative agreement to raise the national borrowing limit for two years.  ( 19 min )
    The Dollar Is Still King in Europe, and It’s Swaying Interest Rates
    The Federal Reserve’s interest-rate increases affect Europe’s economy as much as—or even more than—they do the U.S.  ( 28 min )
    Investors react to tentative US debt ceiling deal
    U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate, two sources familiar with the negotiations said on Saturday. Where there were the most distortions from the uncertainty was in the credit markets and in the Treasury bill market... I think on Tuesday, when the market reopens in the U.S., we should see those two distortions fixed.  ( 7 min )
    Debt-Ceiling Deal Avoids Default; Biden, Republicans Agree On Spending Caps
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    Saudi Arabia in talks to join China-based ‘Brics bank’
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Beleggers houden inflatiecijfers en Amerikaans schuldenplafond in de gaten
    Een vooruitblik op wat de financiële markten komende week te wachten staat: beleggers zullen vooral de inflatiecijfers uit verschillende Europese landen en het Amerikaanse schuldenplafond in de gaten houden. Qua bedrijfscijfers blijft het rustig.  ( 4 min )
    Minister Schreinemacher: Europese energietransitie niet mogelijk zonder China
    De Europese energietransitie is niet mogelijk zonder China. Dat stelt minister voor Buitenlandse Handel en Ontwikkelingssamenwerking Liesje Schreinemacher zondag. Europa probeert minder afhankelijk van het Aziatische land te worden. Maar moet het daarbij niet helemaal 'ontkoppelen', stelt de bewindsvrouw.  ( 4 min )
    Britse overheid werkt aan plan voor maximumprijzen voedsel
    De Britse regering werkt aan plannen om voor bepaalde basisproducten in de supermarkt een maximumprijs te stellen. Dat schrijft de Britse nieuwssite Sky News zondag op basis van regeringsbronnen. Supermarkten zouden op vrijwillige basis aan het plan kunnen meedoen.  ( 3 min )
    Eerste commerciële vlucht van Chinees passagiersvliegtuig geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een vliegtuig van het type C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagochtend van Shanghai naar Peking.  ( 3 min )
    Eerste vlucht met C919-vliegtuig van Chinese rivaal Boeing geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een vliegtuig van het type C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagochtend van Shanghai naar Peking.  ( 3 min )
    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond VS
    De Amerikaanse president Joe Biden heeft een voorlopig akkoord bereikt met de Republikeinen over verhoging van het schuldenplafond van de Amerikaanse overheid. Daarmee lijken de Verenigde Staten voorlopig uit de gevarenzone, maar het Congres moet nog wel over het akkoord stemmen.  ( 4 min )
    Eerste vlucht C919 van Chinese rivaal Boeing geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagmorgen van Shanghai naar Peking.  ( 3 min )
    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond
    De Amerikaanse president Joe Biden en de Republikeinse voorzitter van het Huis van Afgevaardigden Kevin McCarthy, hebben zaterdagavond (lokale tijd) een voorlopig akkoord bereikt over verhoging van het schuldenplafond van de Amerikaanse overheid. Daarmee lijkt de VS voorlopig uit de gevarenzone, maar het Congres moet nog wel over het akkoord stemmen.  ( 4 min )
    Eerste vlucht C919 van Chinese rivaal Boeing vertrokken
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een C919 van de Chinese vliegtuigbouwer Comac. Het toestel steeg even na 10.30 uur lokale tijd op vanaf het vliegveld in Shanghai, zo blijkt uit beelden van staatsomroep CCTV.  ( 3 min )
    Rusland verliest status als economische grootmacht
    De Russische economie verliest steeds meer terrein op het wereldtoneel. Moskou houdt het hoofd nog boven water vanwege de verkoop van olie en gas aan onder meer China. Maar op de lange termijn is dat niet houdbaar aangezien de oorlog in Oekraïne voorlopig niet voorbij is.  ( 5 min )

  • Open

    Gen Z Guide to Roth IRAs
    Gen Z has proven that they aren’t afraid to invest. Roth IRAs offer a tax-advantaged way to diversify their portfolios.  ( 23 min )
    Top Zoom Shareholders
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    Income Definition: Types, Examples, and Taxes
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    How To Read A T-Bill Quote
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    PayPal vs. Credit Card: Which Is Safer?
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    How to Get the Best Deal Negotiating for a Used Car
    Learn how to go about getting the best deal possible when you buy a used car. After three years, the average car is worth about 60% of its price when new.  ( 30 min )
    5 Foreign Countries That Own the Most U.S. Debt
    The list of names and amounts of U.S. debt held by the five foreign countries that own the most and why.  ( 22 min )
    The Basics of Probability Density Function (PDF), With an Example
    Probability density function is a statistical expression defining the likelihood of a series of outcomes for a continuous variable, such as a stock or ETF return.  ( 21 min )
    Using the Price to Earnings Ratio and PEG to Assess a Stock
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    Should I Buy a New Or Used Car?
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    Forward Rate vs. Spot Rate: What's the Difference?
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    The Notional Value Calculation for a Futures Contract
    Learn how the notional value of a futures contract is calculated and why you need to know how to do so.  ( 21 min )
    5 Money Market Account Misconceptions
    Money market accounts can be helpful spots for investors to park their money. Here are five key things to keep in mind when opening an account.  ( 23 min )
    Understanding Infrastructure Legislation
    What's in the $1.2 trillion bipartisan infrastructure bill—and the now $2.3 trillion bill the House passed—and where we go from here.  ( 38 min )
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    Depending on your 401(k) plan, contributions may be matched by an employer in a number of ways.  ( 25 min )
    Personal Loan Provider Rating Methodology
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    Trigger Line Definition and Example
    Trigger line refers to a moving average plotted on a MACD indicator that is used to generate buy and sell signals in a security.  ( 21 min )
    The Recession Keeps Getting Postponed. It May Never Come
    For more than a year, economists have been waiting for a recession to arrive—however, it keeps standing them up, and it might be called off completely.  ( 20 min )
    Top Cryptocurrency Stocks for Q2 2023
    Greenidge Generation Holdings, Robinhood Markets, and Applied Digital lead the cryptocurrency stock space for best value, fastest growth, and most momentum, respectively.  ( 20 min )
    Few Homebuyers Looking To Move Out Of Town, Even Fewer Interested in Local Moves
    High mortgage rates and home prices are persuading more potential homebuyers to stay put for now.  ( 19 min )
    Shonda Rhimes’ ‘Queen Charlotte’ Most Watched On Netflix Now-Here’s Her Net Worth
    Shonda Rhimes' Show `Queen Charlotte' Most Watched on Netflix Right Now-Here's Her Net Worth  ( 18 min )
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    AAA is the highest possible credit rating that may be assigned to a debt issuer’s bonds by any of the major credit-rating agencies: Standard & Poor’s (S&P), Fitch, and Moody’s.  ( 19 min )
  • Open

    Top Zoom Shareholders
    The top Zoom shareholders are Santiago Subotovsky, Ryan Azus, Janine Pelosi, Eric Yuan, Bin Yuan and Cathy Wang, and Li Ka-shing.  ( 21 min )
    Nvidia is up 165% in 2023. Here's why its the clear winner in the AI race so far.
    Nvidia's role in powering the AI sector's vast ambitions means it will be a clear leader in the space for a long time, sources told Insider.  ( 8 min )
    The hype in AI stocks isn't a bubble yet, and little buy in from retail investors means there's room for more upside
    "There's not enough retail interest to indicate a bubble is forming, and there's a lot more room for retail investors to get involved in these names."  ( 7 min )
    Here’s Why Buying a Chunk of America Can Be an Inflation Hedge
    (Bloomberg) -- In an era of historic inflation, one alternative investment has been making its way into portfolios as a diversifier and potential hedge against stubborn price pressures: farmland.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyWorld’s Richest Man Throws In Towel on Beverly Hills HotelA $189 Airport Travel Hack Is No Longer Working Very WellDebt-Limit Talks Get More Time as US Treasury Pushes Back Deadline“  ( 8 min )
    Investors will still flock to US Treasurys in a default - but the crisis would make these alternatives more attractive down the line
    Default would be "one more piece of the puzzle where investors around the world say this is not a reliable leader of the international finance system."  ( 7 min )
    Warren Buffett slammed the last debt-ceiling crisis as a stupid waste of time - and called for the government's borrowing limit to be removed
    Warren Buffett warned in 2011 that failing to raise the debt ceiling might be the most idiotic move in the history of Congress.  ( 7 min )
    Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
    The majority of votes counted in this week’s referendum were against plans by LVMH’s Cheval Blanc brand to build its first hotel in the U.S.  ( 28 min )
    How 401(k) Matching Works
    Depending on your 401(k) plan, contributions may be matched by an employer in a number of ways.  ( 25 min )
    Some investors see bargains in tentative US regional bank recovery
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    Eighty-two percent of millennials worry AI will threaten their pay, survey says
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    The New Rules for Business Travel to China
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    Saudi Arabia, Russia Ties Under Strain Over Oil-Production Cuts
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    Debt-Ceiling Deal Is Close. Why Recession And Stock-Market Drop Will Follow.
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    Workers are feeling grim about their retirement prospects, study finds
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    AI Stocks, Including Mobileye, Lead These 5 Names Near Buy Points
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    How to Make Money With Warren Buffet's Cigar Butt Investing Method
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    The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell to the workforce, ensuring a … Continue reading → The post Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs appeared first on SmartAsset Blog.  ( 8 min )
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    The workers getting rich off the AI revolution – while others lose their jobs
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    Top Cryptocurrency Stocks for Q2 2023
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    Why is 2023's bank turmoil largely a West Coast thing?
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    Costco CFO talks eggs, nuts and meat inflation
    Costco CFO Richard Galanti on Thursday offered some observations on inflationary pressures, saying they continue to "abate somewhat" for the retailer.  ( 8 min )
    The Anti-Woke Presidential Candidate Who Wants to Crush ESG and Gut the Fed
    Wall Street veteran Vivek Ramaswamy has made issues from the fringes of finance central to his campaign for the Republican nomination.  ( 30 min )
    How AI Is Catapulting Nvidia Toward the $1 Trillion Club
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    Democratic veterans from 2 decades of budget wars say the national debt isn’t worth holding the U.S. and global economy ‘hostage’
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    Combative Consumers Change the Marketing Strategy for Target and Bud Light
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    A Chinese Alternative to Bloomberg Terminals Quietly Limits Information Overseas
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    Market Rally Gains Steam On AI Boom, Debt-Ceiling Deal 'Very Close'; Tesla Leads 9 Stocks Near Buy Points
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    Home affordability got even worse last month as the average payment on a new mortgage jumped
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    Nvidia's massive AI-fueled rally just helped power the stock market above a key level that suggests more upside ahead
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    Elizabeth Holmes to Report to Prison: A History of the WSJ Theranos Investigation
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    Big Techs Become Even Bigger Winners. Shades of the Dot-Com Boom?
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  • Open

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    NU+ | Voor tv op de camping kunnen we nog steeds niet zonder de satelliet
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    Meeste Duitsers zijn sceptisch over digitale euro
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    Frankrijk opnieuw gewaarschuwd vanwege hoge staatsschuld
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    Huishoudens en kleine bedrijven draaien op voor energieverbruik industrie
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    Twitter stapt uit EU-akkoord dat desinformatie bestrijdt
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    CEO JPMorgan zegt nooit contact te hebben gehad met Jeffrey Epstein
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    NU+ | Wordt er nog overboden? Jullie vragen over de woningmarkt beantwoord
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  • Open

    Shonda Rhimes’ ‘Queen Charlotte’ Is Most Watched Show On Netflix Right Now—Here’s Her Net Worth
    Shonda Rhimes' Show `Queen Charlotte' Most Watched on Netflix Right Now-Here's Her Net Worth  ( 1 min )

  • Open

    Short sellers who bet against Nvidia lost $2.2 billion in a single day amid the chip maker's stellar rally
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    State Farm Halts Home-Insurance Sales in California
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    Genco Stock Is a Good Bet as Rising Shipping Rates Help Boost Dividend
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    The Fed could pop the AI bubble, and investors shouldn't chase the hype as financial conditions tighten, Bank of America says
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    Lordstown Motors and Atea Pharmaceuticals Stock See Action From Activist Investors
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    Stock Market Action Plan For Deadline Week: Salesforce, Broadcom Earnings, May Payrolls
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    Oil, the Canadians, and Petrobras
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    Nobel economist Paul Krugman says he's 'terrified' about the potential fallout from a US debt default - but isn't worried about credit downgrades
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    Big Lots Shares Drop to 30-Year Low
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    Speculators Boost Yen Shorts to Most in a Year as Currency Slips
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    Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz
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    Mark Zuckerberg, whose wealth has grown almost $47 billion this year, told staff to be ‘scrappier’ amid mass layoffs
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    Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
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    Carl Icahn, a star corporate raider brought down to earth
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    Top CD Rates Today, May 26
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    Arista Basks In The Glow Of Nvidia AI Outlook, Artificial Intelligence Stocks
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    AI Stocks Are Flying, but Don’t Call the Craze a Bubble
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    Conoco to Buy Full Control of Oil-Sands Site for $3 Billion, Thwarting Suncor
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    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
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    JPMorgan Jumps Into AI Craze With Robo Stock Picker
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    A secretive US hedge fund has likely notched a $5 billion gain on Nvidia stock this year as the AI boom rages on
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    Marvell Technology Is the Latest Tech Firm to Benefit From AI
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    Nasdaq Surges To New High As Debt Deal Nears; Auto Parts IPO Pops 12%
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    These Growth Stocks Seem Stalled. That May Be A Good Thing.
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    A worker making $100,000 in this economy ‘really struggles to live the American Dream,’ SoFi CEO says
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    Four Stocks to Buy at the ‘End of an Era’ for Consumer Staples
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    Treasury Bonds Just Sold Off. Buyers Should Be Salivating.
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    It’s no secret that oil companies have been gushing profits and cash flow. After all, when Big Oil reported financial results for 2022, President Joe Biden called the industry’s record profits “outrageous.” And that means these major oil producers can return a lot of cash to investors. For instance, Chevron Corp. announced a 6% increase to its quarterly dividend to $1.51 per share in January. At the current share price, the oil-producing giant offers an annual dividend yield of 3.8%. At ExxonMob  ( 9 min )
    Nvidia just added $200 billion to its market cap on AI hype - and the gold rush may just be getting started
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    Cathie Wood Defends ARKK’s Decision to Dump Nvidia, Citing Chip-Cycle Risks
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    AI Stocks: In Case You Missed Nvidia, Google Artificial Intelligence News
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    There's a New King in Chip ETFs After Record $805 Million Inflow
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    Elon Musk says entrepreneurs are missing ‘tremendous’ opportunities in heavy industry
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    Analyst Report: Duke Energy Corp.
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    Analyst Report: Autozone Inc.
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    Target Stocks Falls for the 7th Day After Earnings. Now Backlash to Its LGBTQ+ Merch Is Hitting Shares.
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    A worker claimed racism cost her job. She won $11 million.
    The high-end Equinox gym claimed Röbynn Europe was fired for repeated tardiness. Europe alleged her firing was retaliation.  ( 7 min )
    The Cream Of The Crop: 5 Biotechs That Outrank Most Stocks
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    Meet ‘IndexGPT,’ the A.I. stock picker JPMorgan is developing that may put your ‘financial advisor out of business’
    JPMorgan has filed a trademark application for an A.I. software that can pick stocks—and much more.  ( 8 min )
    Market Update: MRVL, AZO, DUK, SPLK
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    Hoka to Reach $2 Billion in Sales ‘Soon’ as Deckers Remains Confident in Brand Growth
    CEO Dave Powers doubled down on the success of the company’s Hoka brand in a call with analysts on Thursday evening.  ( 8 min )
    What Costco’s Baskets Reveal About Consumer Finances
    The upper middle class is feeling the economic squeeze too.  ( 27 min )
    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
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    Wells Fargo Predicts up to 70% Rally for These 2 Stocks — Here’s Why They Have Solid Upside
    The US stock market is poised to end the week on a positive note, fueling optimism as the long holiday weekend approaches. This positive sentiment stems from the news that the White House and congressional Republicans are nearing the final stages of reaching an agreement to raise the government’s debt ceiling, which currently stands at $31.4 trillion. A successful debt ceiling bill would lay to rest fears that the US could default on debt obligations and avoid the risks such an event would bring  ( 10 min )
    Meta's layoffs leave some ex-employees feeling 'better about being done'
    Meta's latest round of layoffs are part of an initiative that has been cheered by investors, but left some former employees relieved to be done with their time at the social media giant.  ( 8 min )
    Mexico president eyes 'half' of Citi unit amid IPO plan
    Mexican President Andres Manuel Lopez Obrador on Friday said the government could acquire up to half of the Mexican unit of Citigroup after the U.S. bank announced plans this week to pursue an initial public offering of the business. Lopez Obrador, speaking at a press conference, noted that the bank had also said it wants the unit known as Banamex to have Mexican shareholders. Citi on Wednesday said it was planning an IPO for the Mexican unit, abandoning earlier plans for a sale, prompting Lopez Obrador to announce that the Mexican government could invest in Banamex and had up to $3 billion at its disposal.  ( 7 min )
    Yield-Hungry Investors Are Feasting on T-Bills
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    Nvidia Dusts Warren Buffett In Race To $1 Trillion
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    Traders Are Duped by Bear-Market Rally, Morgan Stanley’s Wilson Says
    (Bloomberg) -- Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his warning about a potential market downshift later this year. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Emplo  ( 8 min )
    After Bullish Report In March, Salesforce Stock Ramps Higher Ahead Of Results; 3 Security Software Stocks To Watch
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    Nvidia's Surge Didn't Come From Retail Buyers, Vanda Says
    Nvidia’s 24% rally in Thursday’s session turned heads on Wall Street and raised questions about whether the AI-driven market frenzy is becoming a bubble. But it wasn’t necessarily ret  ( 27 min )
    David Einhorn Doubles-Down on These 2 Energy Stocks — ⁠Here’s Why You Might Want to Follow in His Footsteps
    David Einhorn’s hedge fund, Greenlight Capital, enjoyed some big gains in 2022, being one of the few to benefit from last year’s bear market. The conditions suited the value investor’s style, and the fund had its best year in a decade. However, it has been a different story so far this year, as Greenlight has been underperforming the broad markets. Einhorn, however, is not about to bang his head against the wall and try to fit a square into a circle. In a recent letter to shareholders, he stated  ( 10 min )
    Ulta Beauty Stock Falls. ‘We’ve Hit a Speed Bump,’ Analyst Says.
    Ulta's average sales per customer fell for the first time in more than five years, the company reported Thursday.  ( 22 min )
    12 Low-Stress Jobs You Can Do in Retirement
    Just because you retire doesn't mean you have to stop working. And when work is an option rather than a requirement, it's possible to select a low-stress job that multiplies fulfillment without adding anxiety - but still provides a bit … Continue reading → The post 12 Low-Stress Jobs You Can Do in Retirement appeared first on SmartAsset Blog.  ( 8 min )
    Dow Jones Futures Reverse Lower On Hot Inflation Data; Ulta Beauty Dives On Sales Miss
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    New York City is withholding new deposits at five banks accused of inaction on discrimination
    New York City is taking its business away from banks that lack anti-discrimination plans.  ( 9 min )
    Retired & on a Budget? Here's How to Still Enjoy Life & Have Fun
    Retirement offers you the time to do the kind of stuff you always wanted to do but couldn't because work filled up your schedule. Of course, retirement also typically means living on a fixed income, which may limit your ability … Continue reading → The post 6 Fun Things to Do in Retirement on a Budget appeared first on SmartAsset Blog.  ( 8 min )
    Is $10 Million Enough for You to Retire Comfortably at 50?
    If you have multiple millions set aside for retirement, you may still feel a little nervous at the possibility of giving up a steady paycheck at age 50. After all, many resources that people use for retirement such as traditional retirement … Continue reading → The post Is $10 Million Enough for You to Retire at 50? appeared first on SmartAsset Blog.  ( 9 min )
    What Percentage of My Income Should Safely Go to a Mortgage?
    Buying a home is one of the biggest financial decisions many people will ever make. And it can also be one of the most complex. Even the simple question of what percentage of your income should safely go to a … Continue reading → The post What Percentage of Your Income Should Safely Go to a Mortgage? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire Comfortably at 40 With $1 Million?
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    Cathie Wood's ARK Invest sold most of its Nvidia stake just before the chipmaker kicked off a rally that added $585 billion in market value
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  • Open

    Dow Jones Today: Index Up on Debt Ceiling Hopes
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  • Open

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    Marvell Technology Is the Latest Tech Firm to Benefit From AI
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    Top Savings Account Rates Today, May 26
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    Today's Mortgage Rates & Trends - May 26, 2023: Rates Surge Again
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    The Best 20-Year Mortgage Rates for 2023
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  • Open

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    Tesla volgens Duitse privacytoezichthouder getroffen door groot datalek
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    La Place keert via HEMA terug in het warenhuis
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    Gevaarlijk speelgoed en ongezonde spullen uit buitenland worden verboden
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    Verkoop van gevaarlijke spullen uit Aziatische webshops aan banden gelegd
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    Verkoop van gevaarlijke producten uit Aziatische webshops aan banden gelegd
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    Cuba is te arm om genoeg voedsel te produceren, laat staan te importeren
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    Elon Musks Neuralink mag gedachtenlezer op mensen gaan testen
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    Dagen van de acceptgiro zijn na bijna vijftig jaar geteld
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    We moeten nog minimaal een jaar wachten op het échte 5G
    Drie jaar na de introductie van 5G in Nederland kunnen we nog steeds niet optimaal gebruikmaken van het snellere mobiele internet. Wat we nu hebben is een 4G-verbinding in een 5G-jasje. Het duurt nog minimaal een jaar voordat we het échte 5G kunnen gebruiken.  ( 4 min )
    Laatste dagen van de acceptgiro zijn na bijna vijftig jaar geteld
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  • Open

    Ford and Tesla to Partner on Electric Vehicle Charging
    Rival automakers Ford and Tesla announced a partnership to share 12,000 EV charging points, following a Biden Administration plan for American-made EV solutions.  ( 1 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 1 min )
    Gap Posts a Surprising Profit as Margins Improve
    Gap reported an unexpected quarterly profit as restructuring efforts and lower costs boosted margins.  ( 1 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
    Ulta Beauty cut its operating margin outlook, and said its recent boom in growth will slow.  ( 1 min )

  • Open

    Are Today’s Mortgage Rates Up or Down? Making Sense of Conflicting Headlines
    Mortgage rates quoted in headlines can differ, which can cause confusion. Freddie Mac is the most recognized source for mortgage rates but Investopedia's mortgage rate data is published daily and represents a more timely and realistic snapshot of national and state-level rates.  ( 19 min )
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    Industrial Revolution Definition: History, Pros, and Cons
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    Top CD Rates Today, May 25
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    Americans’ Retirement Savings Rise for Second Straight Quarter
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    Delinquency vs. Default: What's the Difference?
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    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
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    What Is Dead Money?
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    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
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    What Is Brand Personality? How It Works and Examples
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    Fahrenheit Consortium Wins Auction for Crypto Lender Celsius' Assets
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    Listing Broker
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    Today's Mortgage Rates & Trends - May 25, 2023: Rates Falter
    The average mortgage rate on 30-year loans fell after eight straight days of growth, dropping 9 basis points, while 15-year average was also down, though it didn't fall as far.  ( 19 min )
    Nvidia's Success Will Carry Some Chip Stocks But Not Intel and AMD
    Chipmaker Nvidia stunned analysts with its first quarter results which will have a knock-on effect on other stocks such as ASML, TSM and SMCI, but not AMD and Intel.  ( 18 min )
    Work Requirements Wouldn’t Dent Federal Budget
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    Nvidia Nears $1 Trillion In Market Capitalization
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    Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
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    Fitch Issues US Credit Warning over Debt Ceiling Delays
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    5 Things to Know Before Markets Open
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    Solar Energy Investment To Surpass Oil Spending For The First Time, IEA Says
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  • Open

    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
    U.S. equities were mixed on Thursday, May 25, 2023 as Nvidia's results and outlook helped send the Nasdaq and S&P 500 higher, while the Dow fell on growing concerns about a possible government default.  ( 1 min )
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    The value-oriented Dow Jones Industrial Average fell by 0.1%, or about 35 points, as investors brushed off debt-ceiling gridlock and piled into tech stocks.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the AI chipmaker posted a blowout revenue forecast and Fitch put the U.S. credit rating on watch as debt ceiling negotiations drag on. Here’s what investors need to know today.  ( 1 min )
  • Open

    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
    Dollar Tree shares declined as the discount retailer missed profit estimates and cut its profit forecast because of theft and inflation.  ( 1 min )
    Nvidia Nears $1 Trillion In Market Capitalization
    Nvidia shares surged more than 20% Thursday to all-time highs, pushing the chipmaker’s market capitalization to a new record just shy of $1 trillion.  ( 1 min )
    Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
    Accenture Federal Services has won a spot on a seven-year purchase agreement worth up to $2.6 billion in contracts to modernize IRS systems.  ( 1 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 1 min )
  • Open

    Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why.
    Amazon is the world's largest cloud-computing company. But investors ignored the stock on a day when many other plays were up sharply.  ( 23 min )
    Nvidia stock gained $184 billion in a day, vaulting it past Tesla. But a top analyst now calls it ‘priced for fantasy.’
    David Trainer, founder of investment research firm New Constructs, ran a model showing Nvidia stock is unlikely to reward future investors at this level.  ( 9 min )
    Marvell Stock Soars on AI Earnings Remarks
    The chip maker's CEO says that "AI has emerged as a key growth driver for Marvell."  ( 22 min )
    Paramount Global Controlling Shareholder Gets $125 Million Investment
    The cash infusion in Shari Redstone’s National Amusements comes weeks after Paramount cut its dividend, a key source of income for Redstone and her family.  ( 27 min )
    Chipmaker Marvell Beats Estimates, Calls AI 'A Key Growth Driver'
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    Workday Earnings, Revenue Top Estimates; Outlook In Line. WDAY Stock Jumps
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    Icahn Enterprises continues to tumble following Hindenburg short report, Bill Ackman's responses
    The business empire of corporate raider and activist investor Carl Icahn continues to tumble amid the fallout following a recent report from short-selling firm Hindenburg Research — and losses are accelerating as a longtime rival echoes the firm's allegations. In the report, published on May 2, Hindenburg claimed that Icahn Enterprises has been using inflated asset valuations. Based in Sunny Isles Beach, Florida, Icahn Enterprises has stakes in businesses ranging from food packaging and automotive to real estate and pharmaceuticals.  ( 8 min )
    US economy beats back 'dubious' recession fears after GDP, jobs data top expectations
    Despite fears of a recession, incoming data continues to point to an economy that's growing.  ( 7 min )
    Qualcomm: Why its stock, along with Nvidia, should get a boost from the AI boom, too
    Though the AI boom has massively benefited Nvidia, AI – and generative AI specifically – also marks a major opportunity for other chip companies like Qualcomm, the company's SVP of Product Management Ziad Asghar told Yahoo Finance Live.  ( 8 min )
    2 Stocks to Play the AI Boom, From Nvidia CEO’s Earnings Call Remarks
    On the company's earnings call, CEO Jensen Huang may have pointed to two good AI plays.  ( 30 min )
    What would happen to a Treasury bill after default? Six key questions
    The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as June 1. For holders of Treasury bills, notes and bonds, that raises uncertainty over whether the issues they hold will be affected, and what happens if the debt is not repaid or an interest payment is skipped. No. Treasuries do not have any cross default provisions so a skipped payment on one issue will not necessarily impact others.  ( 7 min )
    Nikola stock at risk of delisting, closes at all-time of low of 62 cents
    Nikola shares touched a 52 week low. The stock has closed under $1 for more than 30 consecutive business days and is at risk of being delisted.  ( 8 min )
    Nikola stock at risk of delisting, hits all-time of low of 60 cents
    Nikola shares touched a 52 week low. The stock is at risk of being delisted.  ( 7 min )
    Alibaba's Strategic Growth: Announces Plan to Hire 15,000 Despite Downsizing Reports
    Alibaba Group Holding Limited (NYSE: BABA) shared plans to hire 15,000 people in 2023, sharply contradicting reports of its layoff plans. The Chinese e-commerce platform voiced a requirement of 15,000 recruits for its six major business divisions. The company said it would recruit 3,000 university graduates. Also Read: Navigating Alibaba's Bumpy Road: Analyst Holds Positive, Adjusts Price Target Downward Alibaba snubbed reports of layoffs as "rumors" and said employee departures are part of the  ( 7 min )
    Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion Surge
    (Bloomberg) -- Cathie Wood’s flagship exchange-traded fund closed out its Nvidia Corp. stake in early January. Then, came the artificial intelligence frenzy that sent the stock and its big tech peers on a tear.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofFirs  ( 8 min )
    U.S. Treasury debt announcement signals to some June 1 is not 'X-date'
    Treasury's Bureau of Fiscal Management said it would auction $119 billion of 3-month and 6-month bills on Tuesday, with the sales formally settling two days later on June 1. According to research firm Wrightson ICAP, the bureau would not typically announce an upcoming sale "until it is certain that it has room under the debt ceiling for the new securities."  ( 7 min )
    The Best Investor You've Never Heard Of Is A Self-Made Billionaire Optometrist Inventor
    Meet Dr. Herbert Wertheim, the billionaire optometrist who Forbes hailed as “the greatest investor you’ve never heard of.” He quietly built a stock portfolio estimated at $4.6 billion. Affectionately known as Dr. Herbie, Wertheim has built his portfolio through traditional, time-tested investment strategies. By primarily investing through ordinary Fidelity Investments and Charles Schwab accounts, he has been able to steadily grow his wealth. Don't Miss: Why Jason Calacanis and Other Silicon Vall  ( 8 min )
    Biden, McCarthy Close to Deal on Debt Ceiling, According to Report
    President Joe Biden and House Speaker Kevin McCarthy are coming close to a deal on the debt ceiling, according to a report from Reuters that cited a person familiar with the matter. The Dow Jones  ( 25 min )
    Warren Buffett Makes Mistakes Too — This One Cost $11 Billion
    Even financial gurus like Warren Buffett, CEO of Berkshire Hathaway Inc., are not immune to making mistakes or bad investments. Buffett has acknowledged a costly “mistake” that impacted the conglomerate’s financials. Despite earning $42.5 billion in 2020, Buffett revealed in his annual letter to shareholders that the company had incurred a substantial loss of $11 billion because of an ill-fated acquisition. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Start  ( 8 min )
    There’s an AI war, and Nvidia is the only arms dealer: Analyst
    Shares of Nvidia ripped higher Thursday, as the company rides the AI wave.  ( 8 min )
    JPMorgan not renewing First Republic customers' personal credit lines -source
    The affected clients are being offered the option to transform their revolving credit lines into fixed-term loans at the same rate for a period of up to five years, the report said, adding First Republic is also asking customers if they would prefer to pay off their credit lines. First Republic's business model was to lure high net-worth customers with preferential rates on mortgages and loans.  ( 7 min )
    The Nasdaq Is About to Break Out Thanks to Nvidia. Here’s How High It Could Go.
    Thursday’s gain brings it closer to 13,000, the index’s recent peak in August and a level it hasn’t retuned to since.  ( 23 min )
    Nikola Stock Is Plunging. Could It Be Delisted?
    Shares of Nikola, a provider of electric vehicles and fuel-cell technology, are down more than 17% Thursday. There are a couple of reasons why, including the stock's own depressed price.  ( 22 min )
    Pratt & Whitney says India's Go First has no right over engines
    Pratt & Whitney has no engines currently available for India's Go First airline, which also has no rights over them, the counsel for the U.S. firm told a Delaware court on Thursday as the two companies engaged in a raging dispute over the supplies. The Indian airline has approached the Delaware court to enforce an arbitration order it won in Singapore against Pratt & Whitney, which it blames for its financial troubles and argues the U.S. firm failed to supply engines on time. Pratt says those claims are without merit.  ( 6 min )
    Carl Icahn's IEP slumps after old rival Ackman reignites feud
    Icahn Enterprises LP's stock tumbled as much as 24.7% to $18.03, deepening losses of more than 60% that were recorded following short-seller Hindenburg Research's scathing attack on the company three weeks ago. In a memorable clash a decade ago, the billionaire had shorted supplement company Herbalife, in which activist investor Icahn was a shareholder.  ( 7 min )
    Rivian Is If ‘Google and Toyota Had a Baby.’ That’s Good for the Stock.
    The EV upstart is on the right path, says one analyst.  ( 22 min )
    What's Going On With Stratasys Stock Today
    Stratasys, Ltd (NASDAQ: SSYS) stock is trading higher Thursday following Nano Dimension Ltd's (NASDAQ: NNDM) unsolicited special tender offer to acquire between 53% and 55% ownership of Stratasys. Nano Dimension proposed to acquire between 53% - 55% ownership of Stratasys for $18.00 per share in cash. Nano Dimension's all-cash special tender offer represents a premium of 26% to Stratasys' closing price of $14.26 as of March 3, 2023. Nano Dimension has been trying to woo Stratasys since at least  ( 7 min )
    Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours
    Once upon a time, retirement in America was referred to as "a three-legged stool." The first leg was your expected Social Security benefits, the second leg was your own personal savings and the third was something old-timers called a pension. … Continue reading → The post Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours appeared first on SmartAsset Blog.  ( 8 min )
    Nvidia Short Sellers Lose $2.3 Billion in One Day as Stock Soars
    (Bloomberg) -- Traders betting against Nvidia Corp. suffered massive losses as the chipmaker’s stock surged to a record high after it forecasts sales that far surpassed the average analyst estimate. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseJPMorgan Tells 1,  ( 7 min )
    Intel Stock Sinks as Nvidia Pops
    Intel stock was falling sharply Thursday as investors sold shares of the tech company amid competitive concerns as Nvidia reported strong earnings. Intel (ticker: INTC) was the worst performer in the Dow Jones Industrial Avera  ( 25 min )
    Nvidia's Success Will Carry Some Chip Stocks But Not Intel and AMD
    Chipmaker Nvidia stunned analysts with its first quarter results which will have a knock-on effect on other stocks such as ASML, TSM and SMCI, but not AMD and Intel.  ( 18 min )
    Nvidia Stock Surge Is a Warning to Tesla—and Vice Versa
    The chip maker's incredible quarter—and share price gain—holds both promise and peril for another stock market darling.  ( 26 min )
    Icahn Enterprises Stock Continues to Drop. Bill Ackman Weighs In.
    A long-running feud between activist hedge fund managers Carl Icahn and Bill Ackman is revived as the latter tweets about the embattled shares of the former's investment vehicle.  ( 26 min )
    Nvidia stuns markets and signals how artificial intelligence will reshape technology sector
    Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector. Late Wednesday the maker of graphics chips for gaming and artificial intelligence reported a quarterly profit of more than $2 billion and revenue of $7 billion, both exceeding Wall Street expectations. "It looks like the new gold rush is upon us, and NVIDIA is selling all the picks and shovels,” Susquehanna Financial Group’s Christopher Rolland and Matt Myers wrote Thursday.  ( 8 min )
    Oil Falls as Russia Says OPEC+ to Hold Steady, Stronger Dollar
    (Bloomberg) -- Oil fell as the dollar strengthened and Russia played down the likelihood of OPEC+ cutting production further.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewWest Texas Intermedi  ( 7 min )
    Gen Z should never work from home if they want success—or love, NYU professor says
    He also claimed that work-life balance is a myth.  ( 8 min )
    Palantir, AMD, and Other AI Stocks Rally on Nvidia’s Earnings
    The chip maker's blowout guidance sent shares of other AI-exposed companies, such as Microsoft and Alphabet, higher.  ( 23 min )
    Carl Icahn's Power Play at Illumina: Potential Board Changes and Management Overhaul
    According to undisclosed sources, activist investor Carl Icahn is poised to secure enough shareholder support to place Andrew Teno, an Icahn nominee, to join the board of Illumina Inc (NASDAQ: ILMN). However, it should be noted that the tally has not yet been finalized, and shareholders still have the opportunity to modify their votes before the commencement of the company's annual shareholder meeting on Thursday, Reuters reported. Also Read: Carl Icahn Admits Making A Mistake On Bearish Bet, Sa  ( 7 min )
    Oil down 3% on “no new OPEC cut”; Russians speak for Saudis
    The Russians aren’t helping the price of oil — to the delight possibly of the West and the utter frustration likely of other producers within the OPEC+ alliance, not to mention market bulls. Crude prices tumbled some 3% Thursday after Russian Deputy Prime Minister Alexander Novak, who is also the nation’s de facto oil minister, said he expected no new steps from OPEC+ at its meeting on June 4. Given that Saudi Energy Minister Abdulaziz bin Salman had hinted just 24 hours earlier of the possibility of another round of production cuts at the meeting, Novak’s remarks meant only one thing — that the alliance will keep output unchanged.  ( 8 min )
    Dow Jones Falls After Surprise Drop In Jobless Claims; Nvidia Soars 25% On AI Chip Demand
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    Medtronic Slumps On Light Earnings Outlook; Announces $738 Million Buyout
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    McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
    (Bloomberg) -- Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit as the clock ticks down to the point when the Treasury runs out of cash.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill  ( 6 min )
    ‘We’re Going Up’: Billionaire Steve Cohen Loads Up on These 2 ‘Strong Buy’ Stocks — Here’s Why You Should Follow
    The phrase ‘a recession is coming’ has attained a mantra-like quality in recent times, reflecting the prevailing belief that a downturn in the economy is imminent. However, taking a stance in opposition to the doom sayers, billionaire Steve Cohen is keeping an optimistic outlook. “I’m making a prognostication — we’re going up,” Cohen said recently. “I’m actually pretty bullish.” That might be a bold statement to make right now, but it’s not as if Cohen has had no success in taking the fearless r  ( 10 min )
    Hedge fund billionaire Bill Ackman goes for the jugular with his archrival Carl Icahn on the ropes, comparing his firm to the infamous implosion of Archegos
    Personal loans secured against the value of Icahn's ownership in his own investment firm could prove highly unstable, the Pershing Square founder warns.  ( 9 min )
    How Much Money Can I Make Before the IRS Considers My Hobby to be a Taxable Business?
    Operating a business on the side can give you valuable tax deductions as well as extra income. However, the Internal Revenue Service (IRS) decides if the business is actually a hobby or not. If the IRS says it is, you … Continue reading → The post IRS Hobby vs. Business: What It Means for Taxes appeared first on SmartAsset Blog.  ( 9 min )
    Costco earnings preview: State of the consumer, potential membership price hike in focus
    Costco (COST) is set to report earnings Thursday after market close as consumers search for value offerings amid higher grocery prices and continue to move away from spending on big ticket items.  ( 8 min )
    First Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before Bust
    (Bloomberg) -- First Republic Bank made its name catering to wealthy clients across California and New York, reeling in many with unusually sweet mortgages that eventually doomed the firm.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘So  ( 9 min )
    XPeng Catches New Sell Rating. Things Are Bad and They’re Not Getting Better.
    Thursday, Barclays analyst Jiong Shao downgraded XPeng to Sell from Hold. His price target went to $6 a share from $8.  ( 22 min )
    Wall Street Is Rethinking Its Gloomy Outlook for Stock Market
    (Bloomberg) -- Stock market strategists and portfolio managers who expected equities to go nowhere in 2023 are changing their tune as their fears transform into the fear of missing out on a potential rally. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths  ( 8 min )
    Dollar Tree Stock Falls. ‘Elevated Shrink’ Leads to Profit Guidance Cut.
    The discount retailer posts first-quarter adjusted earnings of $1.47 a share, below analysts' expectations of $1.53.  ( 26 min )
    Nvidia stock explodes after 'guidance for the ages': What Wall Street is saying
    Nvidia cements its market darling status after blowout quarter and outlook.  ( 9 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewSinc  ( 14 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths Soar on Everest After Record Number of Climbers Attempt SummitSinc  ( 14 min )
    Nasdaq futures surge as Nvidia soars: Stock market news today
    Stocks were mixed on Thursday morning as Nvidia led a tech rally despite debt ceiling concerns hanging over broader markets.  ( 8 min )
    3D printer maker Stratasys to merge with Desktop Metal in deal valued at $1.8 billion
    The transaction comes after Stratasys rejected multiple takeover offers from Nano Dimension Ltd, its largest shareholder with a 14.2% stake. Nano on Thursday launched a hostile $18.00 per share all-cash offer to boost its stake in Stratasys to between 53% and 55%. Desktop Metal stockholders will receive 0.123 ordinary shares of Stratasys for each share of Desktop Metal Class A common stock.  ( 7 min )
    Ford Stock Is Upgraded. What the Company Didn’t Say That Did It.
    Daiwa analyst Jairam Nathan upgrades shares of Ford to Hold from Sell. What the auto maker didn't say at its analyst event is the reason.  ( 22 min )
    UPDATE 2-Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as the medical device maker expects stronger dollar to continue dragging its sales down in international markets. Medtronic has warned of a delayed improvement in earnings this year as its costs continue to remain high despite restructuring efforts. It expects profit to be in the range of $5 per share to $5.10 per share for the fiscal year 2024, lower than analysts' estimates of $5.20 per share, according to Refinitiv IBES data.  ( 6 min )
    Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc beat Wall Street estimates for quarterly profit on Thursday, helped by a recovery in non-urgent surgical procedures that were delayed during the pandemic as well as strong demand for its heart and diabetes devices. Excluding items, the Dublin-based medical device maker reported a profit of $1.57 per share for the fourth quarter, slightly above analysts' average estimate of $1.56 per share, according to Refinitiv IBES data.  ( 6 min )
    White House, Republicans seek to close US debt-ceiling deal as deadline nears
    The White House and congressional Republicans on Thursday are expected to resume negotiations on a deal to raise the government's $31.4 trillion debt ceiling, with as little as a week remaining until a potential economically catastrophic default. Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy are at odds over spending, taxes and work requirements for anti-poverty programs. "We'll continue to work through this, try to get a solution," McCarthy, the top Republican in Congress, told reporters after his negotiators returned from a four-hour White House meeting on Wednesday.  ( 7 min )
    These Stocks Are Moving the Most Today: Nvidia, AMD, Snowflake, Splunk, UiPath, American Eagle Outfitters, and More
    Nvidia issues a bullish sales forecast for its fiscal second quarter and the stock soars, Snowflake slashes its revenue outlook, and Splunk's adjusted earnings easily top estimates.  ( 23 min )
    ‘I’ve never saved a dime’: Shark Tank’s Barbara Corcoran has spent her millions—including giving half of it away
    The Shark Tank star said she got her spending philosophy from her mother—and it's served the real estate titan well.  ( 8 min )
    TD, RBC miss profit estimates as bad loan provisions rise; CIBC beats
    Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the lender into building higher provisions to prepare for more borrowers falling behind on their loan repayments. Net income fell 14% to C$3.65 billion ($2.70 billion) or C$2.58 per share for the three months ended April 30, compared with C$4.25 billion, or C$2.96 per share, a year earlier.  ( 6 min )
    Snowflake Plunges as Sales Forecast Miss Signals Cloud Woes
    (Bloomberg) -- Snowflake Inc. gave a sales outlook for the current quarter that fell short of expectations, suggesting that many companies are trimming their spending for cloud software amid uncertain economic conditions. The shares declined more than 12% in extended trading.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Bigges  ( 7 min )
    Nvidia Earnings Spark Huge AI Stock Rally. The Hype Keeps Building.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    A Cheaper Way to Bet on AI Than Investing in Nvidia
    Nvidia shares jumped after it forecast a revenue tailwind from the artificial-intelligence race, but if you don’t want to shell out for the expensive stock, there are other options.  ( 27 min )
    China Equity Rout Deepens as Traders Rush to Sell Before Holiday
    (Bloomberg) -- Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings from electric-vehicle maker XPeng Inc. spurring a selloff in automobile shares.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car Roof  ( 8 min )
    Nvidia is on track to break a stock market record held by Apple in the US
    Chipmaker Nvidia’s upbeat earnings gave its stock a boost unprecedented in the company’s history and in the history of the US stock market.  ( 8 min )
    Nvidia surges past $900bn market value after forecast surprise—but its CEO warns Biden’s chip controls have the industry’s ‘hands tied’
    Nvidia shares jumped almost 25% in extended trading after the chipmaker gave a revenue forecast 50% higher than analyst estimates.  ( 9 min )
    Netflix’s Password Crackdown Has Put Me in a Tough Spot. Who’s Going to Pay for My 3 Adult Children?
    Netflix's new "paid sharing" policy could boost revenue and improve profits. But it's a big headache for parents with adult children.  ( 22 min )
    China Warnings Flash Across Global Markets as Growth Disappoints
    (Bloomberg) -- China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity prices and weakening equity markets.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out and  ( 8 min )
    Icahn vs. Illumina: The CEO’s Job—and Icahn’s Reputation—Are on the Line
    Activist investor Carl Icahn is seeking to unseat Illumina’s chairman and its CEO, and put three of his own people on the company’s board.  ( 22 min )
    Nvidia Set to Beat Apple for Record Single-Day Market Value Gain
    (Bloomberg) -- Nvidia Corp. may be poised for a record one-day jump in value for a US company after it raised its outlook on voracious demand for chips used in artificial intelligence applications.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out a  ( 7 min )
    Why are you suddenly being asked to tip more? It could be because workers are getting more expensive.
    In addition to waiters, baristas, and drivers, Americans are wondering why they're being asked to tip at fast food restaurants and self-checkout.  ( 8 min )
    Russia is the real threat to Saudi Arabia as Moscow targets key oil market, veteran analyst says
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    Twitter almost blew its big moment as ‘melting’ servers and decimated staff struggled to keep the lights on for DeSantis announcement
    Elon Musk blames overloaded servers for Twitter Spaces crashing while Florida governor Ron DeSantis announces his presidential run on the platform's live audio feature.  ( 7 min )
    Nvidia Ignites AI Chip Stock Rally After ‘Blow-Out’ Forecast
    (Bloomberg) -- Nvidia Corp. results showing that customers are binging on chips used in artificial intelligence computing sent a complex of stocks tied to the burgeoning technology soaring. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends  ( 7 min )
    Nvidia sees “two simultaneous transitions” in tech—and investors are psyched
    With companies like Google and Microsoft racing to integrate artificial intelligence into their services, there’s already one clear winner: Nvidia, which makes the chips powering the AI boom.  ( 7 min )
    ‘Yesterday’s Losers, Tomorrow’s Winners’: Goldman Sachs Says These 2 Energy Stocks Are Poised for a Turnaround
    In physics, gravitation dictates that what goes up must come down. The stock market, however, is a bit less predictable. Stocks can follow the crowd, buck the market’s trend, or just mosey along. This year, energy stocks are bringing up the bottom of the pack, underperforming the broader markets. However, it’s worth noting that what goes down can still come back up. In this regard, the investment giant Goldman Sachs has been identifying energy stocks that are primed to recoup their losses — and  ( 11 min )
  • Open

    DNB-president Knot wil dat ECB de rente tot en met juli blijft verhogen
    De Europese Centrale Bank (ECB) zal de rentetarieven in de eurozone ook in juni en juli nog moeten verhogen om de hoge inflatie onder controle te krijgen. De inflatie blijkt namelijk hardnekkiger dan verwacht, benadrukt president Klaas Knot van De Nederlandsche Bank (DNB) in een interview met vier grote Europese kranten.  ( 4 min )
    Personeel van autofabriek Nedcar gaat weer staken
    Medewerkers van de Nedcar-autofabriek in het Limburgse Born gaan volgende week weer staken. Ze hebben een bod voor een sociaal plan van eigenaar VDL afgewezen.  ( 3 min )
    Gasprijs in duikvlucht: gas is al twaalf keer zo goedkoop als vorige zomer
    De marktprijs voor gas blijft maar dalen en is donderdag gezakt naar 25 euro per megawattuur. Dat is vier keer zo laag als begin dit jaar en zelfs twaalf keer lager dan in augustus 2022. Uiteindelijk zien we dat ook terug op de energierekening.  ( 4 min )
    Explainer | Hoe Europa gezamenlijk de gasprijs omlaag duwt
    De gasprijs blijft de laatste maanden maar dalen. Die daling heeft meerdere oorzaken. Nieuw is dat EU-landen, samen met een aantal andere Europese landen, gezamenlijk gas kunnen inkopen. Dat werkt zo.  ( 3 min )
    ECB wil dat EU-landen energiesteun afschaffen om hoge inflatie tegen te gaan
    EU-lidstaten zouden hun steunmaatregelen die zijn bedoeld als compensatie voor de hoge energieprijzen moeten afbouwen. Zo kunnen de nationale overheden de hoge inflatie tegengaan, zegt beleidsmaker François Villeroy de Galhau van de Europese Centrale Bank (ECB).  ( 3 min )
    Duitsland belandt in recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Energierekening ietsje lager door daling transportkosten
    De energierekening wordt komend jaar een stukje goedkoper door dalende tarieven voor gastransport. Die tarieven moeten 20 procent omlaag, heeft toezichthouder ACM besloten. En dat zorgt voor een besparing van maximaal 5 procent op de energierekening.  ( 3 min )
    Maker Philips-tv's is nieuwe mouwsponsor van FC Barcelona
    Ambilight TV prijkt vanaf komend weekend op de mouwen van de spelers van FC Barcelona. De sponsoruiting is afkomstig van TP Vision, het bedrijf dat tv's voor Philips maakt.  ( 2 min )
    EU wil 200 miljard euro aan bevroren Russische tegoeden investeren in Oekraïne
    Sinds de oorlog in Oekraïne is in de Europese Unie ruim 200 miljard euro aan Russische tegoeden bevroren. Europa wil dat geld losweken voor de wederopbouw van Oekraïne.  ( 3 min )
    Veel kantoren voldoen niet aan energienorm, maar boetes blijven nog uit
    Hoewel alle kantoren sinds 1 januari minstens energielabel C moeten hebben, zijn er door het hele land nog duizenden gebouwen die niet aan die plicht voldoen. De eerste waarschuwingsbrieven vliegen de deur uit, maar handhaving is lang niet overal even streng.  ( 7 min )
    Bedrijven investeren nog altijd 1.000 miljard dollar in fossiele projecten
    Bedrijven investeren dit jaar wereldwijd voor zo'n 1.000 miljard dollar (ongeveer 930 miljard euro) in projecten voor fossiele energie. Vooral staatsbedrijven in het Midden-Oosten schroeven hun investeringen op. Dat berekende het internationaal energieagentschap IEA.  ( 4 min )
    Google maakt Android-spelletjes speelbaar op Windows-computers
    Ruim honderd spelletjes voor Android-smartphones zijn vanaf vandaag ook speelbaar op Windows-computers. Google heeft de software waarmee dit mogelijk is nu ook uitgebracht in Europa. Volgens het techbedrijf gaat het nog om een test.  ( 3 min )
    Transavia schrapt in juli en augustus opnieuw ruim tweehonderd vluchten
    Transavia schrapt in juli en augustus 210 vluchten vanwege een tekort aan vliegtuigen. Het merendeel van de betreffende reizigers is inmiddels omgeboekt, meldt de luchtvaartmaatschappij donderdag.  ( 3 min )
    Leraren dreigen met stakingen als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden hebben een ultimatum aan het kabinet gesteld dat 16 juni verloopt. Daarin eisen ze een loonsverhoging van 12 procent.  ( 4 min )
    Duitse huishoudens geven minder uit wat leidt tot recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Leraren dreigen met staken als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden stellen een ultimatum aan het kabinet dat 16 juni verloopt en daarin eisen ze een loonsverhoging van 12 procent. Komt die verhoging er niet, dan dreigen ze met acties in het volgende schooljaar.  ( 3 min )
    Vrachtschip vaart weer na enkele uren vastgelopen te zijn in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Opnieuw groot vrachtschip vastgelopen in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Slaaptrein naar Berlijn gaat van start na lange zoektocht naar wagons
    Vanaf donderdag rijdt voor het eerst sinds 2014 weer een reguliere slaaptrein tussen Amsterdam en Berlijn. De Nederlandse start-up European Sleeper heeft na een lange zoektocht genoeg rijtuigen gevonden om mee naar de Duitse hoofdstad te rijden.  ( 5 min )

  • Open

    McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
    (Bloomberg) -- House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to avert a potentially catastrophic default didn’t mollify analysts as the US was put on a ratings watch late Wednesday. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers  ( 8 min )
    Xi Remade China's Tech Industry in His Own Image With Crackdown
    (Bloomberg) -- Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy in his own image. After over a decade in power, an intensifying struggle for tech leadership with the US and a sputtering domestic economy suggest he'll have to once again recalibrate the country's giant internet and manufacturing sectors.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksMcCarthy Says GOP and White House ‘Have Time’ to Reach Debt  ( 11 min )
    Nvidia's results spark nearly $300 billion rally in AI stocks
    Stocks related to artificial intelligence surged in extended trade on Wednesday, adding almost $300 billion in market capitalization after chipmaker Nvidia Corp forecast strong revenue growth and said it was boosting production of its AI chips to meet surging demand. Nvidia's stock zoomed as much as 28% after the bell to trade at $391.50, its highest level ever. "With all the enthusiasm around AI and the fact Nvidia delivered a huge beat for first-quarter results and second-quarter estimates, this gives some actual evidence AI is for real," said Daniel Morgan, senior portfolio manager at Synovus Trust in Atlanta.  ( 7 min )
    'BudLighted': Target is latest to face boycott calls over support for the LGBTQ+ community
    “BudLighting” is a strategy of branding companies as “woke” and calling for boycotts over everything from gender-inclusive swimwear to Bud Light beer.  ( 9 min )
    Ackman calls out Icahn's IEP over high premium after Hindenburg report
    The billionaire investor said in a tweet on Wednesday that he was "fascinated" by the situation between the short seller and Icahn Enterprises, while noting that the company's premium had been sustained by a large dividend yield. "The yield is generated by returning capital to outside shareholders, which is in turn funded by the company selling stock to investors," Ackman said, adding the system is highly dependent on the "maintenance of the premium and the placidity of Icahn's margin lender(s)". Bill Ackman declined to comment beyond his tweet.  ( 7 min )
    UiPath Shares Tumble as July Quarter Outlook Disappoints
    The provider of business automation software cautions that results could be affected by a recent reorganization of its sales team.  ( 22 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 16 min )
    Dow Jones Futures: Nvidia Surges Late On Blowout Earnings, Guidance; Other AI Stocks Rally
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    Nvidia Poised for Record Sales as AI Demand Kicks In
    The graphics-chip giant forecast a strong revenue bounce back for the current quarter, driven by growing appetite for generative AI technology.  ( 28 min )
    Verizon warns customer service employees of impending layoffs- The Verge
    More details will be shared by Verizon on May 25, the report said, citing a prerecorded message that employees received. A demand downturn on account of elevated inflation and rising interest rates has forced several U.S. companies ranging from Meta Platforms Inc to Alphabet Inc to lay off thousands of their employees. Verizon in April had missed its first-quarter revenue and free cash flow estimates, hit by wireless subscriber losses as inflation-hit Americans delayed device upgrades and a pandemic-led growth boom fizzled out.  ( 7 min )
    Retirement Crisis: Older Americans Struggle to Afford Life After Work
    Rethink that retirement party. More and more, seasoned workers are defying expectations and staying put in the workforce for a compelling reason-they simply can't afford to retire. That's the finding from a new study by Korn Ferry that found that … Continue reading → The post Retirement Crisis: Older Americans Struggle to Afford Life After Work appeared first on SmartAsset Blog.  ( 8 min )
    Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
    (Bloomberg) -- Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and suggested shares have room to fall after tumbling to the lowest levels since 2009.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers EverywhereWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutRussian Wagner Chief Blasts Outcome of Putin’s Ukraine War GoalsWorld’s Biggest Nuc  ( 7 min )
    3D Printer Company Stratasys Is in Talks to Merge with Alphabet-Backed Desktop Metal
    (Bloomberg) -- Stratasys Ltd. is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofUS Equities Pare Losses as Debt-Talks Resume: Markets WrapRussian Wagner  ( 7 min )
    Snowflake Shares Melt as Outlook Disappoints
    While results for the quarter ending in April were solid, the company provided a disappointing outlook for the July quarter, and reduced its full-year view.  ( 22 min )
    AI Chipmaker Nvidia Smashes Quarterly Estimates On Strong Data-Center Sales
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    Snowflake Stock Plunges On Weak Outlook Amid Slower Cloud Computing Growth
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    Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
    Nvidia Corp on Wednesday forecast second-quarter revenue above Wall Street estimates, as the growing popularity of artificial intelligence drives demand for its chips used in powering the technology at big data centers. The company forecast current-quarter revenue of $11 billion, plus or minus 2%. Analysts polled by Refinitiv expect revenue to be $7.15 billion.  ( 6 min )
    Biden administration urges Supreme Court not to hear Apple-Caltech patent case
    The U.S. solicitor general on Tuesday urged the U.S. Supreme Court to reject an appeal by Apple Inc and Broadcom Inc stemming from their $1.1 billion trial loss to the California Institute of Technology in a patent infringement case. Solicitor General Elizabeth Prelogar said the U.S. Court of Appeals for the Federal Circuit was correct when it ruled last year that the companies could not seek to invalidate Caltech's patents in court after Apple failed to raise its invalidity arguments at the U.S. Patent Office.  ( 7 min )
    Bud Light Controversy Spreads to Target, Sending the Stock Lower
    The retailer says employees have received threats since its Pride Month collection was introduced.  ( 22 min )
    Stocks Remain Lower After Fed Minutes. Future of Rate Hikes Uncertain.
    Stocks remained lower Wednesday after minutes from the Federal Reserve's latest meeting showed that several participants were open to pausing interest-rate hikes. The Dow Jones Industrial Average was down 230 points, or 0.7%. The S&P 500 fell 0.7%, and the Nasdaq Composite dropped 0.8%. Minutes fr  ( 24 min )
    How much do I need to retire? A guide to financially making the most of your golden years
    Here's how you can set yourself up financially to make the most out of your post-career years.  ( 8 min )
    Investors Should Prepare for Dividend Stock Rebound, Goldman Strategists Say
    (Bloomberg) -- Companies that pay rich dividends have been stock-market laggards this year as investors piled into growth-oriented tech giants — but that’s about to change, according to Goldman Sachs.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Ou  ( 7 min )
    We're entering a brutal new era for the housing market
    The brutal truth about the housing market's new Ice Age: If you don't already own a home, you're going to be screwed for years to come.  ( 11 min )
    Debt-Ceiling Fear Sends Yields on At Risk T-Bills Above 7%
    (Bloomberg) -- The deadlock in debt-ceiling negotiations is adding to default concern around a number soon-to-mature Treasury bills and also starting to dent investors' appetite for risk more broadly.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Slide as Sentiment on Global Outlook Sours: Markets WrapLula Lashes Out and S  ( 8 min )
    AB InBev Stock Falls Again as Bud Light Controversy Continues to Exact a Toll
    The stock is on pace for its worst month in nearly two years.  ( 22 min )
    Nvidia Q1 earnings: AI to power data center, as gaming continues to struggle
    Nvidia will report its Q1 earnings after the bell Wednesday.  ( 8 min )
    The most predicted recession ever maybe won’t happen. Get ready for the ‘asset class recession’
    An asset class recession would hit at a uniquely vulnerable time, as the share of Americans invested in stocks hasn’t been so high since the Great Financial Crisis.  ( 9 min )
    Janet Yellen Warns It Is ‘Almost Certain’ U.S. Would Miss Payments in Early June
    The Treasury secretary says her agency isn’t getting ready for a potential debt default.  ( 27 min )
    Elon Musk Bought This $50,000 Tiny Home To Use As A Guest House, Now A REIT Will Use It To Build Affordable Housing Communities
    Billionaires usually shop for grand mansions, but Elon Musk is not the usual billionaire. In 2022, the Tesla Inc. CEO made headlines by revealing that he owns a tiny home made by Boxabl, a company that specializes in making prefabricated modular housing units. Musk said he uses the tiny home as a guest house. But the unit, called the Casita, comes with plenty of features, including a full-size bathroom, kitchen, appliances, tall ceilings and big windows. Coming in at 361 square feet, the Casita  ( 8 min )
    Dow Jones Drops On McCarthy, Yellen Comments; Tesla Rival Falls On China Demand
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    Biden Administration Paying Americans Thousands of Dollars to Upgrade Their Homes
    On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law, directing billions of dollars to Americans looking to upgrade their homes, businesses and cars. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families One provision of the law allows Americans making less than $150,000 a year to claim a $7,500 tax credit for buying an electric car. The law also provides $9 billion in rebates to help people ele  ( 7 min )
    XPeng reports 45% sales drop in Q1, forecasts EV deliveries to fall in Q2
    Chinese pure-play electric vehicle maker XPeng reported a steep drop in sales in the first quarter, likely due to increased competition in the tight Chinese EV market, and an uneven recovery in the China following its lifting of COVID-19 protocols.  ( 8 min )
    Agilent CEO Sees Demand From Small Biotech Nearly ‘Shut Down.’ The Stock Tumbles.
    Analysts downgraded the laboratory instruments maker's stock after it trimmed its profit outlook for the year on a loss of demand.  ( 22 min )
    Nvidia and Meta Have Soared. Now It’s Amazon’s Turn.
    The stock has done well, but it hasn't gotten the narrative boost that some other big tech stocks have.  ( 22 min )
    Wall Street could be just 2 weeks away from a giant market crash, says ‘Dr. Doom,’ who predicted the 2008 crash
    Negotiators have failed to reach a deal so far despite a “hard deadline” looming.  ( 7 min )
    PacWest's latest bid to restore investor confidence
    The California regional lender sold assets of a real estate lending business, its second transaction announced this week.  ( 7 min )
    Meta's ‘Efficiency’ Layoffs Take a Toll on Employee Productivity
    (Bloomberg) -- Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company’s business departments. Now, remaining staff are hoping an uncomfortable limbo at the company can end.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Sl  ( 8 min )
    Wells Fargo Says Buy These 2 High-Yield Dividend Stocks — Including One With 17% Yield
    With EPS beats surpassing misses by a rather normal 4:1 ratio, 1Q23 earnings have been characterized as ‘better-than-feared.’ That said, since the Q1 earnings season began, the S&P 500’s returns have not been particularly impressive. This suggests to Wells Fargo equity analyst Christopher Harvey that rather than being boosted by earnings/fundamentals, the gains accrued so far this year have been driven mostly by “funding and liquidity.” And if that is the case, the omens are not great. “If credi  ( 10 min )
    PTC Therapeutics' Barrage Of Bad News Is Good News For Rival Reata Pharmaceuticals — Here's Why
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    Stocks slide with debt talks, Fed minutes in focus: Stock market news today
    US stock futures slipped on Wednesday morning as investors fretted over a potential US debt default and braced for the release of minutes later from the Federal Reserve's policy meeting in May.  ( 8 min )
    Dividend Stocks Are a Victim of AI’s Success. It’s Time to Buy.
    Dividend-paying stocks are taking it on the chin as investors bet big on an artificial-intelligence boom spurred by ChatGPT. What to buy now.  ( 22 min )
    Debt Ceiling Negotiations Expected to Resume Wednesday Morning
    Negotiations to raise the U.S. debt ceiling are expected to resume Wednesday morning, according to a report from Reuters,and%20avoid%20a%2  ( 25 min )
    Why Analog Devices Stock Is Sinking After Solid Earnings
    The maker of semiconductors posted adjusted earnings of $2.83 a share for the April quarter, up 18% from the same period a year earlier. Quarterly revenue was $3.26 billion, up 10%.  ( 25 min )
    XPeng Stock Dips After Earnings. It Has a Demand Problem.
    Chinese EV maker XPeng reported first quarter results Wednesday. Sales missed Wall Street estimates.  ( 22 min )
    Sure, You Can Now Delay RMDs. But Think Twice Before You Actually Do
    Conventional logic says you should delay withdrawals from your tax-deferred retirement accounts as long as possible to maximize the tax-free compounding that can increase the size of your overall nest egg. But the IRS won't wait forever to get its … Continue reading → The post You Can Now Delay RMDs But Think Twice Before You Do appeared first on SmartAsset Blog.  ( 8 min )
    Agilent Downgraded After Strong Earnings. The Stock Is Diving. Here’s Why.
    The laboratory instruments maker posted earnings of $1.27 per share, better than the $1.26 expected by analysts.  ( 22 min )
    Bitcoin Falls. The Crypto May Be ‘Clinging on by Its Fingertips.’
    Bitcoin's April peak above $30,000 looks increasingly out of reach as U.S. debt-ceiling talks remain a key catalyst for cryptos.  ( 22 min )
    Kohl's reports surprise profit in 1Q helped by inventory cuts
    Kohl's posted a surprise profit for the fiscal first quarter, helped by the department store chain's moves to cut inventory in the wake of weak sales. The company, based in Menomonee Falls, Wisconsin, also affirmed its annual financial guidance, pushing up shares 11% higher in premarket trading on Wednesday. Kohl’s said that it it cut inventory by 6% while it continued to see sales momentum with its Sephora beauty shops and noted that its stores were more productive.  ( 8 min )
    USD/JPY Forecast – US Dollar Displays Resilience Against Japanese Yen
    The greenback continues to look for momentum, as the market is sitting just above the recent ascending triangle.  ( 7 min )
    Dow Jones Futures Fall Ahead Of Fed Minutes; Kohl's Soars On Surprise Profit
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    XPeng Stock Drops After Q1 Earnings and Cautious Outlook: The Details
    XPeng Inc (NYSE: XPEV) reported a first-quarter FY23 sales decline of 45.9% year-on-year, to RMB4.03 billion ($587.31 million), missing the consensus of $741.07 million. The Tesla Inc (NASDAQ: TSLA) rival's quarterly vehicle deliveries decreased 17.9% Y/Y to 18,230. Revenues from vehicle sales decreased 49.8% Y/Y, mainly attributable to lower vehicle deliveries and the discontinuation of new energy vehicle subsidies. Gross margin contracted by 1,050 basis points to 1.7%. Vehicle margin contracte  ( 7 min )
    Kohl’s Delivers a Surprise Profit and the Stock Soars
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    Dow Jones Futures: Market Rally Retreats Amid Debt-Ceiling Drama; Nvidia Earnings Due
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  • Open

    Debt Limitation Definition
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  • Open

    Intuit Shares Sink as Tax Season Revenue Falls Short
    TurboTax maker Intuit missed revenue estimates for key tax season and shares declined.  ( 1 min )
    Abercrombie & Fitch Posts an Unexpected Profit, Raises Outlook
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  • Open

    Dow Jones Today: Debt Ceiling Delay Drags Down Index
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  • Open

    Moederbedrijf Albert Heijn politiek onder vuur over hoge winst en bonus
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    Emmentaler wordt geen beschermd merk omdat het in Duits 'kaas' betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Emmentaler wordt geen beschermd merk omdat het in Duits gewoon kaas betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Je Netflix-account delen kost voortaan 4 euro per maand extra
    Een Netflix-account delen met vrienden en familie kan behoorlijk schelen in de kosten. Maar Netflix loopt daardoor inkomsten mis. Daarom gaat het bedrijf deze meelifters 3,99 euro per maand extra laten betalen.  ( 4 min )
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  • Open

    Down More Than 50%: These 3 Beaten-Down Stocks Could Stage a Strong Rebound, Analysts Say
    Wilt Chamberlain holds the NBA record for career rebounds, with 23,924 in total, or 22.9 per game, for a truly great sustained performance. But rebounds don’t only come in basketball, and a savvy investor, while not likely to pick up 23,924 rebounding stock transactions, can still find plenty of stocks that are primed for rebounds in the current market environment. That environment, with headwinds still in play making every shot more difficult, has left plenty of fundamentally sound stocks under  ( 12 min )
    Target to Pull Some LGBT-Themed Merchandise After Customer Backlash
    Retailer said some shoppers knocked down displays of Pride Month products and threatened store employees.  ( 26 min )
    Lula Lashes Out and Sends Warning to Central Bankers Everywhere
    (Bloomberg) -- There are few, if any, leaders in the world who are publicly lashing out at central bankers more than Brazil’s Luiz Inacio Lula da Silva.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeRussia Pushes India for Help to Avert Global Financial IsolationChina’s $23 Trillion Local Debt Mess Is About to Get WorseChina’s New Covid Wave Set to See 65 Million Cases a WeekThe reasons are inc  ( 10 min )
    Target removes some LGBTQ merchandise from stores ahead of June Pride month after threats to workers
    Target is removing certain items from its stores and making other changes to its LGBTQ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers. Target declined to say which items it was removing but among the ones that garnered the most attention were “tucker friendly” women’s swimsuits that allow trans women who have not had gender-affirming operations to conceal their private parts. The Pride merchandise has been on sale since early May. Pride month is held in June.  ( 7 min )
    Explainer-How could a US debt ceiling default hit regular Americans?
    What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could quickly notice painful blows dealt to their retirement accounts as stock markets swooned, and within days the lack of federal payments could weigh heavily on doctors' offices, retirees and workplaces throughout the country. If the U.S. Congress and the White House failed to lift the self-imposed $31.4 trillion legal limit on federal debt, the Treasury Department could start missing payments on its obligations as soon as June 1, according to the department's chief, Janet Yellen.  ( 7 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Palo Alto Stock Jumps After Profit Tops Estimates, Margins Improve
    The cybersecurity software company posted solid results for its fiscal third quarter ended April 30.  ( 22 min )
    There is 'zero chance' of the US defaulting on its debt, Wharton professor Jeremy Siegel says
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    Richard Branson’s Virgin Orbit to Liquidate, Sell Off Assets to Stratolaunch, Rocket Lab
    (Bloomberg) -- Stratolaunch LLC and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a  ( 8 min )
    Nio, XPeng Need A Win. Will Their New EVs Deliver?
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    World’s Richest Man Loses $11 Billion After LVMH Stock Rout
    (Bloomberg) -- Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods. Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeChina’s $23 Trillion Local Debt Mess Is About to Get WorseRussia Pushes India for Help to Avert Global Financial IsolationSaudi Energy Minister Tells Oil Specu  ( 7 min )
    Cybersecurity Firm Palo Alto Earnings Top Estimates On Cloud Growth
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    Stocks sink as debt crunch continues: Stock market news today
    US stocks closed lower Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    JPMorgan accuses US Virgin Islands of harboring Jeffrey Epstein for two decades
    JPMorgan Chase & Co on Tuesday sought to shift blame for failing to snuff out sex crimes committed by the late Jeffrey Epstein, accusing the U.S. Virgin Islands of harboring and shielding the disgraced financier as he abused young women and girls over two decades. The largest U.S. bank made the accusation in a heavily redacted filing in Manhattan federal court, where the U.S. Virgin Islands is suing to hold it liable for providing banking services to Epstein from 1998 to 2013. JPMorgan said Epstein had a "quid pro quo" relationship with the U.S. Virgin Islands' highest-ranking officials, bestowing money and favors in exchange for millions of dollars of tax incentives and looking the other way at his crimes.  ( 8 min )
    Growth Stocks Get Socked As House Leader McCarthy Says Debt Limit Talks "Nowhere Near A Deal;" Stock Market Leader Hits A Pair Of Sell Signals
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    Tesla to pick location for new factory this year, Musk says
    When the Wall Street Journal's Thorold Barker asked Musk at an event if India was interesting, he said, "Absolutely". Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview last week. Tesla announced earlier this year that it would open a gigafactory in Mexico as the world's most valuable automaker pushes to expand its global output.  ( 7 min )
    LVMH and Other Luxury Stocks Fall, Wiping Out Billions. It’s a Concern for Europe.
    European luxury stocks dropped on Tuesday, wiping billions off their valuations, highlighting the sector's importance for the region's market rally.  ( 23 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
    I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 9 min )
    'It'll Cost Us Our System As We Know It:' Billionaire Ray Dalio Warns Of A 'Social Problem' Because Of The Debt Ceiling Crisis. Here's How He's Positioning His Portfolio
    The U.S. is on track to default on its payments obligations if the debt ceiling is not raised. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, the problem could extend beyond a debt crisis. “The debt ceiling negotiations is ridiculous because it’s not dealing with the problem,” he said in a YouTube video. The billionaire investor explains that if the debt ceiling is raised, the U.S. will just keep piling on debt. And if the limit does not increase, t  ( 9 min )
    The Two Biggest Names In Artificial Intelligence Are Teaming Up — On AI, Of Course
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    Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron
    The U.S. Commerce Department should add Chinese memory chip maker Changxin Memory Technologies (CXMT) to a trade blacklist after Beijing earlier this week banned the sale of some chips by U.S.-based Micron Technology Inc, the chair of the U.S. House of Representatives' committee on China said on Tuesday. The restrictions this week by China's cyberspace regulator against Micron, the biggest U.S. memory chipmaker, were the latest in a widening trade dispute between the world's two largest economies.  ( 7 min )
    CohBar Stock Doubles: Company Agrees To Merge With Morphogenesis To Advance Late-Stage Oncology Candidates
    Privately-held Morphogenesis Inc has agreed to combine with CohBar Inc (NASDAQ: CWBR) in an all-stock transaction forming a company combining expertise and resources to advance a late-stage oncology pipeline. The combined company will focus on advancing Morphogenesis' two technologies that seek to overcome the major obstacles that limit the effectiveness of current immunotherapies in treating cancer. The combined company is expected to operate under the name "TuHURA Biosciences Inc" and to trade  ( 7 min )
    Carl Icahn's wealth has plunged by $15 billion since a short-seller targeted him – but the activist investor says he's ready to fight back
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    Netflix to charge an additional $8 month for viewers living outside US subscribers' households
    Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service amid a slowdown in growth. To combat password sharing, Netflix said it will limit viewership of its programming to people living in the same household. Subscribers will still be able to watch Netflix when they are traveling.  ( 7 min )
    Warren Buffett Stocks: Google Soars As LULU Stretches For Support
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    Default May Be the Least Likely Outcome of Debt Ceiling Talks
    Deutsche Bank analysts think there's an equal possibility that President Joe Biden and Speaker Kevin McCarthy will come to an agreement or an extension in their debt ceiling negotiations.  ( 18 min )
    Apple is investing billions in US-made 5G components as it looks to move manufacturing out of China
    Apple has unveiled a multibillion-dollar deal with Broadcom to produce new 5G radio frequency components in the US. The May 23 announcement comes as Apple—the world’s largest consumer electronics company—looks to spend more than $400 billion on domestic manufacturing.  ( 8 min )
    Gas Stocks Set to Trounce Oil Shares, Says Bank of America
    Shares of companies that drill primarily for natural gas are poised to outperform their oil-focused counterparts by multiples, according to Bank of America analysts. Their argument is based on the assumption that future prices of natural gas will equal or exceed the current futures curve, which slo  ( 19 min )
    Analyst Report: Regency Centers Corporation
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    Kremlin gas profits plunge as tide turns in Putin’s energy war
    Security had to protect the board of Shell at the oil giant's annual general meeting as climate protesters rushed the stage amid more than an hour of disruption.  ( 29 min )
    Visa Stock Plummets. Is Resilient Consumer Faltering?
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    Market Update: REG, GEN
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    Apple Inks Multibillion-Dollar Wireless-Chip Supply Deal With Broadcom
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    The US Treasury may have to break the law to keep the world’s richest nation from default
    Congress is putting US Treasury Secretary Janet Yellen in a tough spot.  ( 7 min )
    AI Will Boost Microsoft and Google, Analysts Say. Worry About These Stocks Instead.
    Enterprise adoption of AI remains one of the biggest prizes for tech companies.  ( 23 min )
    Bud Light Sales Keep Cratering After Transgender Controversy. Price Wars May Be Next.
    Bud Light sales were down 28.4% in the latest week, and parent Anheuser-Busch is now offering big rebates that could cut the cost of a case to under $5.  ( 22 min )
    BJ's earnings tell the whole story of the US economy right now
    BJ's Wholesale Club reported results Tuesday morning that disappointed. But in those results were signs of inflation moderating while consumers grow more cautious, a microcosm of the US economy in one corporate release.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    Chevron Stock Upgraded To A Buy After $6 Billion PDC Energy Deal
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    Apple Announces Multibillion-Dollar Deal With Broadcom to Make Chips in U.S.
    The new multiyear agreement brings manufacturing of some components to the U.S.  ( 22 min )
    Nvidia Q1 Earnings To Test Chipmaker's Lofty Valuations
    Nvidia, the world's most valuable chipmaker, is expected to say revenue and net income shrank by as much as a fifth last quarter, putting its stock's 100% rally so far this year to the test.  ( 19 min )
    ‘Too Cheap to Ignore’: Cathie Wood Snaps Up These 2 Stocks Under $10
    Cathie Wood’s singular investing style has generated huge returns for investors of her ARK Invest ETFs during certain periods (such as during the pandemic). However, it’s a strategy that has also been responsible for racking up losses during other times, such as last year’s bear market. Wood’s preference has always been for disruptors – whether in tech, healthcare, or the auto industry – and even in difficult times, she has not deviated from that path. Whatever you make of her stock choices, Woo  ( 10 min )
    Apple Strikes Multibillion-Dollar Supply Deal With Broadcom
    Apple has entered a multiyear deal with the chip and network equipment maker for components that will be made in the U.S.  ( 25 min )
    Stocks slip as debt crunch continues: Stock market news today
    US stocks opened lower on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Cut Stocks, Buy Gold, Hold Your Cash, JPMorgan’s Kolanovic Says
    (Bloomberg) -- A debt-ceiling negotiation that remains in limbo, elevated recession risks and a hawkish Federal Reserve stance are just a few of the reasons JPMorgan Chase & Co.’s Marko Kolanovic is advising clients to further dump equities and hold onto cash.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden, McCarthy Still Without Debt Deal But Sound Positive ToneSaudi Energy Minister Tells Oil Speculators to ‘Watch Out’Parents Sue Elite Schools for ‘Indoct  ( 8 min )
    AutoZone Stock Falls After Earnings Beat Estimates. Here’s Why.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 25 min )
    How to Make $1,000 Every Month in Passive Income
    Is it possible to earn a paycheck while sitting on the couch watching television? Absolutely, but it takes a bit of work beforehand to set things in motion. By developing online assets, investments and interest payments, you can put your … Continue reading → The post How to Make $1,000 a Month in Passive Income appeared first on SmartAsset Blog.  ( 12 min )
    Can I Make Money Investing in EV Charging Stations?
    If you spot a Tesla on the road, you may be impressed by the sleek style of the car, but you may also find yourself wondering: How do you take an electric car like that on a road trip? How … Continue reading → The post How to Invest in EV Charging Stations appeared first on SmartAsset Blog.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    LVMH, Hermes Spark $30 Billion Luxury Stocks Rout on US Slowdown
    (Bloomberg) -- A blistering rally in luxury goods stocks this year powered by international demand particularly from China has taken a hit, wiping out more than $30 billion from the sector on Tuesday.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekMexico Raises A  ( 8 min )
    Dow Jones Futures Fall After Biden-McCarthy Meeting; Lowe's Slides On Earnings
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    Apple closes in on a $3 trillion stock market valuation
    Apple's stock has been on autopilot this year.  ( 9 min )
    Forint Tumbles as Hungary Diverges From EU on Ukraine, Rates
    (Bloomberg) -- Hungary’s forint weakened the most worldwide as Prime Minister Viktor Orban said his country had split with the European Union on Ukraine and the nation’s central bank prepares to cut interest rates.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekM  ( 6 min )
    Bank Of America Upped Its Forecast For Stocks — Just Not The Ones You Think
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    Stock futures slip as debt crunch continues: Stock market news today
    US stock futures were lower ahead of the open on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Wall Street Is Downbeat on Steel. The Case Against Nucor, Others.
    J.P. Morgan analyst Bill Peterson launched coverage of the five steel producers. He doesn't really like any of them.  ( 22 min )
    Lowe's Stock: First-Quarter Sales Slip As Lowe's Joins Home Depot With Dour 2023 Warning
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    AutoZone Earnings Beat Estimates. Here’s Why the Stock Is Falling.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 22 min )
    Analyst Report: Anheuser-Busch In Bev SA/NV
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    Analyst Report: TJX Companies, Inc.
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    Lowe’s Stock Sinks. It’s the Latest to Lower Forecasts Amid Retail Gloom.
    Lowe's beat expectations for its first-quarter earnings but cut its full-year earnings and revenue outlook on softer consumer spending.  ( 22 min )
    Daily Spotlight: ESG Interest (and Assets) are Growing
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: TJX, BUD
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    Daily – Vickers Top Buyers & Sellers for 05/23/2023
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    Daily – Vickers Top Insider Picks for 05/23/2023
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    Jamie Dimon warns of 7% Fed rate, banking crisis, bleak commercial real estate
    Investing.com - The U.S. banking crisis, which has claimed a few victims since March, is the direct result of the Fed's fight against high Inflation. Uncertainty about the health of regional banks and rising yields in the money market led to a steady outflow of deposits, bringing banks' balance sheets to their knees.  ( 7 min )
    Ford Stock Has an Uphill Climb
    The Detroit automaker sharpened its pitch to investors, but expectations are already high.  ( 27 min )
    A Housing Bust Comes for Thousands of Small-Time Investors
    They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed.  ( 23 min )
    Citi Says Buyers Plow $21 Billion Into US Stocks
    (Bloomberg) -- Investors are boosting their bullish bets on US equities, making positioning increasingly “one-sided,” according to Citigroup Inc. strategists.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a Wee  ( 39 min )
    Treasury Bill Yields Rise With Debt Deal Elusive: Markets Wrap
    (Bloomberg) -- US equity futures rose while Treasury yields and a gauge of dollar strength were little changed after President Joe Biden and House Speaker Kevin McCarthy said they had a productive talk on the debt ceiling. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a W  ( 40 min )
    Toyota Shares Plunge in Final Minute of Tokyo Trading
    (Bloomberg) -- Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock market on Tuesday.The stock closed 4.8% lower, its biggest decline since March 2022, shaving about $11 billion from the carmaker’s market value. The benchmark Topix closed 0.7% lower, erasing a gain in afternoon trading as news about Japan’s restrictions on chip-technology exports spurred profit taking.A block of 14.5 million Toyota shares crossed at 1,857 yen per share at the c  ( 38 min )
    AI Stocks Have Momentum. What That Means for Nvidia, Microsoft, Others.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    Chevron Oil Deal Looks Like a Bargain. Is It?
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets
    On Friday, the Treasury General Account was $60.7 billion, down from $140 billion just a week prior.  ( 37 min )
    Here's why the US doesn't have to pay off its $31 trillion mountain of debt, according to Paul Krugman
    "When governments for one reason or another run up large debts, it is, as far as I can tell, unusual to pay those debts off," Nobel economist Paul Krugman said.  ( 37 min )
    The White House has warned stocks will plunge 45% and a deep recession will strike in the 3rd quarter if the US defaults
    About 8 million jobs could be lost if the US fails to raise its debt ceiling ahead of the upcoming deadline in early June, according to the analysis.  ( 38 min )
    Oil prices rise after Saudi warns short-sellers: 'watch out'
    LONDON (Reuters) -Oil rose on Tuesday supported by optimism the U.S. would avoid a debt default, a tighter market outlook and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ cuts to support the market. The gains added to a rally on Monday, when crude gained a tailwind from a 2.8% increase in U.S. gasoline futures ahead of the Memorial Day holiday on May 29 which traditionally marks the start of the peak summer demand season. On the U.S. debt ceiling, White House and congressional Republican negotiators will meet again on Tuesday to resolve a impasse over raising the $31.4 trillion debt limit, with the nation facing the risk of default in as little as nine days.  ( 7 min )
  • Open

    Commercial Lines Insurance: Definition, Types, Vs. Personal Lines
    Commercial lines insurance protects businesses from potential losses they can't afford to cover.  ( 22 min )
    How Do Money Market Accounts Work?
    A money market account (MMA) is similar to checking and savings accounts. Learn how MMAs offer more-competitive interest rates than savings accounts.  ( 23 min )
    What Is a Business? Understanding Different Types and Company Sizes
    A business is an individual or group engaged in financial transactions. Read about types of businesses, how to start a business, and how to get a business loan.  ( 29 min )
    Dividends: Definition in Stocks and How Payments Work
    A dividend is a distribution of earnings, often quarterly, by a company to its shareholders in the form of cash or stock reinvestment.  ( 28 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 16 min )
    How To Get a House for Free (or Almost Free)
    Individuals can find discounted ways to purchase a home through auctions, government programs, or with rental income.  ( 20 min )
    5 Biggest ETF Companies
    With iShares leading the pack, these are the 5 biggest ETF companies by assets under management.  ( 21 min )
    Bernanke: Slow Fed Response Helped Inflation Surge
    There were many inflation causes that culminated in the high prices seen over the last year, but the Federal Reserve's slow response helped fan the flames, according to a new paper by former Fed Chair Ben Bernanke.  ( 19 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 16 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 16 min )
    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 17 min )
    How to Create a Crypto Wallet in 2023
    A crypto wallet is an essential piece of equipment for crypto enthusiasts to have. If you want to personalize your crypto's security, you can learn how to create a crypto wallet and set your security preferences.  ( 22 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 16 min )
    Combined Single Limits: Definition, Example, Benefits, Vs. Split
    Combined single limits is an insurance policy provision where coverage for all components of a claim (bodily injury and property damage) is handled by a single amount.  ( 21 min )
    E-commerce Defined: Types, History, and Examples
    E-commerce is a business model that enables the buying and selling of goods and services over the internet.  ( 31 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 17 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 16 min )
    5 Biggest Oil Tanker Companies
    With Scorpio leading the pack, these are the 5 biggest oil tanker companies by 12-month trailing revenue.  ( 20 min )
    Predatory Lending: How to Avoid, Examples and Protections
    Predatory lending imposes unfair, deceptive, or abusive loan terms on a borrower. Many states have anti–predatory lending laws.  ( 30 min )
    How To Close a Savings Account
    You may want to remain a customer of your current bank and only close your savings account. Find out more about how this quick process is done.  ( 23 min )
    Home Price Trends All About Location, Location, Location
    Housing market demand varies city-to-city by most in a decade.  ( 18 min )
    How to Buy Bitcoin With a Credit Card in 2023
    Learning how to buy Bitcoin with a credit card might seem like a great idea, but there’s a lot to take into consideration to ensure that you are doing it right.  ( 20 min )
    When Clients Ask About Crypto
    Clients need to understand the full picture, including the good and bad of cryptocurrency investing.  ( 25 min )
    How to File for a Tax Extension
    Filing for a tax extension allows you to get extra time to file your tax return. But be warned, even if you extend your filing deadline, you still need to pay on time.  ( 29 min )
    Slippage: What It Means in Finance, With Examples
    Slippage refers to the discrepancy between the expected price of a trade and the price at which the trade is executed.  ( 23 min )
    Top Sports Betting Stocks for Q2 2023
    These are the sports betting stocks with the best value, fastest growth and most momentum best performance for Q2 2023.  ( 22 min )
    Mortgage Fraud: Understanding and Avoiding It
    It is important to know what condition would classify as mortgage fraud and know about the common schemes and scams you should avoid.  ( 25 min )
    Default May Be the Least Likely Outcome of Debt Ceiling Talks
    Deutsche Bank analysts think there's an equal possibility that President Joe Biden and Speaker Kevin McCarthy will come to an agreement or an extension in their debt ceiling negotiations.  ( 16 min )
    How to Buy Fractional Shares on Webull
    Webull is a top rated discount broker. Come learn how its fractional share offering can help you build a diversified portfolio.  ( 24 min )
    Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
    The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.  ( 16 min )
    What Apple’s New Chip Deal Means for Broadcom
    The deal will help Apple pivot to U.S. suppliers and give some runway to Broadcom to diversify its revenue stream for life after Apple begins making its own chips in-house.  ( 17 min )
    TikTok Sues Montana, Says Ban Violates First Amendment
    TikTok sued Montana, alleging state legislation banning the video-sharing app violates the First Amendment. The Chinese-owned video app previously fought former President Donald Trump over a similar ban.  ( 16 min )
    ChatGPT Passes CPA Exam on Second Attempt
    ChatGPT passed a practice CPA exam on second attempt, not unlike the roughly half of human candidates. But does this experiment mean ChatGPT is coming for accounting jobs?  ( 18 min )
    Top Casino Stocks for Q2 2023
    Light & Wonder is the top casino stock for best value, while NeoGames is the top for fastest growth and most momentum.  ( 21 min )
    How to Trade Options on Webull
    Webull has been our top pick for the best low-cost options trading platform for the past several years. Come learn how to use its solid, commission-free option trading platform.  ( 20 min )
    NINJA Loan: Definition, History, Current Availability
    A NINJA loan is a slang term for a loan extended to a borrower with "no income, no job and no assets."  ( 20 min )
    Venmo, Apple Wallet, and Digital Money Guide for Parents
    A guide for parents on common money apps. Find out why Apple Wallet, Cash App, and children's debit cards stand out among other players such as PayPal and Google Pay.  ( 26 min )
    Today's Mortgage Rates & Trends - May 23, 2023: Rates Move Higher
    The average mortgage rate on 30-year home loans rose for the seventh day in a row, and the 15-year average was also up again. Refinance loans saw fixed rates edge higher, too.  ( 20 min )
    What Is Exposure at Default (EAD)? Meaning and How To Calculate
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    Nvidia Q1 Earnings To Test Chipmaker's Lofty Valuations
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    The Complete Guide to Money Market Accounts
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    5 Things to Know Before Markets Open
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    Inflation Caused Record Number of Adults To Be Worse Off in 2022
    Financial well-being is the lowest it's been in seven years, according to the Federal Reserve.  ( 15 min )
    Capital Gains Tax: What It Is, How It Works, and Current Rates
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    Investopedia Credit Card Rating Methodology
    Learn about how Investopedia's credit card rating methodology considers over 70 features of credit cards including proprietary reward points valuation.  ( 21 min )
  • Open

    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 1 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 1 min )
    5 Things to Know Before Markets Open
    Debt ceiling talks will continue and Lowe’s shares fell after it cut its sales and profit outlook. Here’s what investors need to know today.  ( 1 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 1 min )
  • Open

    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 1 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 1 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 1 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 1 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 1 min )
    Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
    The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.  ( 1 min )
    What Apple’s New Chip Deal Means for Broadcom
    The deal will help Apple pivot to U.S. suppliers and give some runway to Broadcom to diversify its revenue stream for life after Apple begins making its own chips in-house.  ( 1 min )
    TikTok Sues Montana, Says Ban Violates First Amendment
    TikTok sued Montana, alleging state legislation banning the video-sharing app violates the First Amendment. The Chinese-owned video app previously fought former President Donald Trump over a similar ban.  ( 1 min )
  • Open

    Microsoft zet AI centraal in Windows 11 met persoonlijke assistent Copilot
    Microsoft brengt dit jaar een chatbot voor Windows 11 uit met kunstmatige intelligentie. De Copilot AI werkt binnen het Windows-besturingssysteem en kan helpen bij allerlei taken op de computer. Verder heeft Microsoft nog veel meer plannen met AI, maakte het bedrijf dinsdag bekend.  ( 4 min )
    Europese bierbrouwers geschokt om Ierse plannen
    Europese brouwers zijn geschokt door de plannen van Ierland om uitgebreide gezondheidswaarschuwingen op alcoholproducten te zetten.  ( 3 min )
    Staat wil dat bedrijf dat giftige stoffen in Westerschelde loosde schade vergoedt
    De Staat vindt dat het Amerikaanse chemieconcern 3M de schade moet vergoeden die schadelijke stoffen in de Zeeuwse Westerschelde hebben aangericht. Minister Mark Harbers (Infrastructuur en Waterstaat) heeft het bedrijf aansprakelijk gesteld, laat de landsadvocaat in een brief aan 3M weten.  ( 3 min )
    Gazprom ziet gasexport dalen en boekt fors minder winst
    Het Russische staatsgasconcern Gazprom heeft de winst vorig jaar fors zien dalen met 40 procent tot 15,8 miljard dollar (14,7 miljard euro). Het bedrijf exporteerde minder gas en had ook veel last van belastingverhogingen.  ( 2 min )
    Huishoudens maken dikke winst op hun beleggingen
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    NU+ | In de zomer energie besparen? Dat doe je met de doucheknop
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    Het bestuur van Shell moest op de aandeelhoudersvergadering in Londen afgeschermd worden voor klimaatactivisten. Ze probeerden het podium te bestormen en zijn afgevoerd door beveiligers.  ( 3 min )
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    Corendon gaat zelf naar Curaçao vliegen en concurreert dan met KLM
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    Consumentenbond en claimstichting eisen schadevergoeding van Google
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    De Amsterdamse afvalverwerker AEB komt toch niet in handen van zijn Rotterdamse sectorgenoot AVR. Het bedrijf dat na de overname ontstaat, wordt te groot volgens mededingingsautoriteit ACM. Daarom zet het een streep door de deal. AEB kwam enkele jaren geleden in de problemen doordat het een deel van zijn afvallijnen moest stopzetten.  ( 3 min )
    Nepfoto van explosie bij Pentagon zorgt voor korte dip op Amerikaanse beurs
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    TikTok sleept Amerikaanse staat Montana voor de rechter wegens verbod op app
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    Vakanties zijn harder nodig door hoge werkdruk
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    We kopen minder, maar door hoge prijzen zien winkeliers omzet toch stijgen
    In de eerste drie maanden van dit jaar hebben we minder gekocht. Toch hebben winkels meer omgezet, blijkt uit nieuwe cijfers van statistiekbureau CBS. Dat komt vooral doordat de prijzen nu veel hoger zijn.  ( 3 min )

  • Open

    Goldman Sachs Likes These 2 Stocks, Insiders Just Poured Millions Into Them — Here’s Why You Might Want to Ride Their Coattails
    The well-worn adage ‘Keep it simple’ isn’t just a cliché; it holds true in many areas of life, including the stock market. It’s easy to get lost in the never-ending barrage of information and day-to-day drama on Wall Street, but a simple strategy will often point towards the best investment choices. One such strategy is to keep an eye on the insiders’ moves. These corporate officers are the ones who know best what is going on in the companies they oversee. When they are seen buying shares of the  ( 41 min )
    Bank of America raises its S&P 500 price target and says the outlook is 'glass half full' as bad news is already priced into stocks
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    China's economy has turned rotten and its reopening boom is a 'charade,' market expert says
    "A growth model dependent on stimulus and debt was always going to be unsustainable, and now it has run out of steam."  ( 38 min )
    Top IBM Shareholders
    The top IBM shareholders are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.  ( 21 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 17 min )
    Dow Jones Futures: Biden-McCarthy Debt Ceiling Meeting Imminent; Tesla Stock Has New Buy Point
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    These 5 Growth Stocks Have Perfect 99 Ratings
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    How Fake AI Photo of a Pentagon Blast Went Viral and Briefly Spooked Stocks
    (Bloomberg) -- A falsified photograph of an explosion near the Pentagon spread widely on social media Monday morning, briefly sending US stocks lower in possibly the first instance of an AI-generated image moving the market.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racis  ( 8 min )
    Blackstone in Talks With Lenders on Maturing Chicago Office Loan
    (Bloomberg) -- Blackstone Inc. is in discussions with lenders on a $310 million mortgage backed by a struggling Chicago office tower. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekThe commercial mortgage  ( 7 min )
    Zoom Stock Jumps on Strong Earnings and Improved Outlook
    Zoom Video beat Wall Street estimates and the company's own guidance—for both earnings and revenue—for the just-ended April quarter.  ( 22 min )
    Apple Stock Got Downgraded. Brilliant or Foolish?
    Shares of the tech giant have gained 34% this year, more than triple the S&P 500.  ( 22 min )
    Shipping line Zim gets hammered by high spot-rate exposure
    Zim outperformed competitors on the way up and is falling faster than other carriers on the way down. The post Shipping line Zim gets hammered by high spot-rate exposure appeared first on FreightWaves.  ( 42 min )
    Top Airline Stocks for Q2 2023
    Singapore Airlines, Sun Country Airlines, and Copa Holdings lead industry in revenue growth  ( 21 min )
    Dow Jones Falls But Other Indexes Climb As McCarthy Urges Biden To Beat This Addiction; DraftKings Soars On Upgrade
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    Apple, Microsoft, and 3 other stocks are now worth nearly $9 trillion – or almost 25% of the S&P 500
    Apple, Microsoft, Alphabet, Amazon and Nvidia are worth nearly $9 trillion combined as an AI boom has seen investors pile into mega-cap tech stocks.  ( 38 min )
    Top 5 Companies Owned by Ford
    Discover some of Ford Motor Company's most important subsidiaries and joint ventures and what they do to further Ford's business interests.  ( 20 min )
    Game Theory Offers Clue to Market Calm Amid Debt Impasse
    (Bloomberg) -- The US is hurtling toward a credit default that pundits universally agree would be catastrophic for the economy and financial markets. So why is the S&P 500 treading water near a nine-month high?Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverGame theory offers some insi  ( 39 min )
    Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?
    The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.  ( 22 min )
    Lyft is 'open' to selling itself. There might not be any buyers
    Lyft (LYFT) CEO David Risher has said that the rideshare company is "open" to selling itself, but there's a kicker – there's no obvious acquirer.  ( 41 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    Chevron (CVX) said Monday it would buy energy exploration and production company PDC Energy (PDCE) for $6.3 billion.  ( 17 min )
    First Citizens sues HSBC for hiring away Silicon Valley Bank staff
    First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of illegally poaching more than 40 of the failed bank's employees. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers in order to improperly gain access to Silicon Valley Bank's (SVB) trade secrets. First Citizens in the lawsuit said it is seeking more than $1 billion in damages.  ( 38 min )
    Analyst Report: Brighthouse Financial Inc
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    Tesla Stock Is Rallying Again. Maybe Ford Did It.
    Shares of electric-vehicle giant Tesla are logging their fifth straight day of rising Monday. There are a few reasons for the big gain, but Ford might account for most of it.  ( 22 min )
    Market Update: DRI, WTRG, BHF
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    Nvidia Partner Among 5 Semiconductor Stocks Etching Bases And Buy Zones
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    Big-Bank Savings and CD Rates (But You Can Earn So Much More)
    It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )
    ZIM Stock Tumbles After Q1 Earnings and Dividend Halt: The Details
    ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported a Q1 2023 sales decline of 63% Y/Y to $1.37 billion, missing the consensus of $1.57 billion. Carried volume in Q1 was 769 thousand TEUs, a decrease of 10% Y/Y. The average freight rate per TEU in Q1 was $1,390 (-64% Y/Y). The company generated an EPS loss of $(0.50), down from $14.19 a year ago. Adjusted EBITDA fell 85% Y/Y to $373 million, with margins of 27% vs 68% a year ago. ZIM's total cash position stood at $4.25 billion as of March  ( 38 min )
    What's Going On With NVIDIA Stock Today
    Nvidia Corp (NASDAQ: NVDA) has announced a pact with Rolls Royce Holdings Plc(OTC: RLLCF) and Classiq to design jet engines using quantum computing. The companies used quantum-computing technologies to introduce computation fluid dynamics in operating jet engines. Leveraging Nvidia Corp's quantum-computing platform, the companies simulated the world's largest quantum-computing circuit for computational fluid dynamics to develop jet engines. The circuit was built using NVIDIA A100 Tensor Core GPU  ( 38 min )
    Stocks risk 'sharp' reaction if debt ceiling talks go awry: JPMorgan
    In a new note, JPMorgan argues a debt ceiling crisis in 2023 could be far worse for markets than it was in 2011 when the S&P 500 fell nearly 20% from its peak.  ( 40 min )
    Fortinet, A Cybersecurity And AI Leader, Breaks Out; Analysts Bullish On Outlook
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    With Volkswagon leading the pack, these are the 10 biggest car companies by 12-month trailing revenue.  ( 22 min )
    Ford Strikes Lithium Supply Deals With World’s Top Producers
    (Bloomberg) -- Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalFord has struck deals with Albemarle Corp., the world’s top  ( 39 min )
    Don’t be fooled by the S&P 500 rally, says Wall Street’s top strategist Mike Wilson
    He cautioned investors against falling into a “false bull trap.”  ( 39 min )
    Nvidia Could Miss on Gaming, but Buy the Stock Anyway. Here’s Why.
    The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.  ( 22 min )
    Stock Market Awaits Biden-McCarthy Debt-Ceiling Cage Match; DraftKings Soars To 52-Week High On Upgrade
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    The Game Theory of the Debt Limit Points Toward Settlement
    The two sides' relative negotiating strength helps explain why fInancial markets have stayed relatively calm, writes Larry Hatheway.  ( 43 min )
    Exxon Joins EV Race for Lithium. It Won’t Save The Stock.
    Exxon Mobil has bought land in Arkansas that contains lithium, a key component in lithium-ion batteries that power electric vehicles.  ( 22 min )
    Apple Stock Downgraded On Signs Of Slowing iPhone Demand
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    ‘Don’t Miss the Next Bull Market’: Billionaire Ken Fisher Stays Heavily Invested in These 2 ‘Strong Buy’ Stocks
    Following 2022’s bear, the markets have made a recovery in 2023 with both the S&P 500 and, in particular, the NASDAQ showing healthy year-to-date gains. Therefore, it might be a natural instinct for investors who have nursed heavy losses to be eying the exit gate now the market is rebalancing, and the initial investment is back to breaking even. That kind of thinking, however, is a big mistake, says legendary investor Ken Fisher. “As initial bull market rallies build, investors — raw from the pr  ( 41 min )
    Ford no longer stuck in ‘valuation box,’ 2nd-gen EVs will unlock profitability, CEO says
    Ford’s transformation into three business units focused on gas-powered cars, electric vehicles, and commercial customers is less than two quarters old. And investors still have a lot of questions for the 120-year old automaker - and how CEO Jim Farley intends to push profitability.  ( 40 min )
    Tesla Pricing Detour Outmaneuvers Headlines; Elon Musk Says Automakers Do 'This All The Time'
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    Apple Stock Butterfly Spread Benefits From Neutral Price Action, Can Return $925
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    PacWest stock pops after selling $2.7 billion in real estate loans
    PacWest's deal is adding to momentum around a recovery in the regional banking sector.  ( 38 min )
    Fed’s Bullard Sees Two More Interest-Rate Hikes Needed in 2023 to Cool Prices
    (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank will need to raise interest rates twice more this year to quell inflation.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near Capital“I think we’re going to have to grind higher,” he said Monday  ( 37 min )
    Chevron to Buy Shale Driller PDC in $6.3 Billion Stock Deal
    (Bloomberg) -- Chevron Corp. said it will buy driller PDC Energy Inc. in a $6.3 billion all-stock deal, allowing Chevron to expand its holdings in shale basins in Colorado and West Texas.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalChevron will pay $72 a share, a roughly 14% premium on  ( 38 min )
    Estate Tax Planning Tips For 2023
    Estate planning matters if you're hoping to preserve as much of your wealth and assets as possible for future generations. One of the biggest challenges is finding ways to minimize your tax liability, as taxes can shrink the value of … Continue reading → The post The Basics of Estate Tax Planning appeared first on SmartAsset Blog.  ( 41 min )
    Medigap vs. Medicare Advantage: Which Has More Benefits?
    Medigap and Medicare Advantage are both healthcare plans used by people in retirement. Medigap insurance helps supplement areas like coinsurance, deductibles and copayments. Medicare Advantage, sometimes called Part C, plans are offered by private companies approved by Medicare. We'll dive … Continue reading → The post Differences of Medigap vs. Medicare Advantage appeared first on SmartAsset Blog.  ( 39 min )
    Goldman hints at an AI-fueled profits boom over the next 10 years: Morning Brief
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    I'm Retired and Divorcing. Is This Going to Wreck My Finances?
    Retirement is a major milestone that most couples look forward to. But some couples find the transition to retirement negatively impacts their marriage, sometimes resulting in irreconcilable differences and divorce. Rates of late-in-life divorce, also called "gray" divorce, have risen … Continue reading → The post How to Navigate a Divorce After You Retire appeared first on SmartAsset Blog.  ( 43 min )
    Does Beneficiary Designation Overrule a Will?
    Some financial products like life insurance or tax-advantaged retirement accounts require you to name one or more beneficiaries. However, that's not the case with many assets. For instance, you can buy a house or set up a savings account without … Continue reading → The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.  ( 40 min )
    Dow Jones Futures Rise Ahead Of Biden-McCarthy Debt Ceiling Meeting; Apple Slides On Downgrade
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    Chevron to Buy PDC Energy in $6.3 Billion Stock Swap
    The deal would boost the oil company’s ownership in the largest U.S. oil field and in the Denver-Julesburg Basin.  ( 25 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    'PDC’s attractive and complementary assets strengthen Chevron’s position in key U.S. production basins,' says Chevron Chairman and CEO Mike Wirth in a statement.  ( 25 min )
    Japan's Mizuho to Buy Investment Bank Greenhill
    Mizuho of Japan has agreed to buy investment bank Greenhill in a deal worth $550 million including debt, the companies said Monday. Greenhill's stock surged premarket. Some key details: Mizuho is paying [$15 a share in cash](https://www.globenewswire.com/news-release/2023/05/22/2673304/0/en/Miz  ( 18 min )
    Ironwood Pharmaceuticals to Buy VectivBio in $1 Billion Deal. The Sector Is Hot for M&A.
    The drugmaker is paying $17 a share for the Swiss biotech company. The move adds to the $71 billion worth of deals announced in the healthcare and life sciences space in the first quarter.  ( 22 min )
    Nvidia stock is trading on 'heroic' valuations amid its 2023 eruption: strategist
    Nvidia has been the Wall Street darling stock of 2023.  ( 40 min )
    Weekly Stock List
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    UPDATE 2-Chevron to buy PDC Energy in $7.6 bln deal
    Chevron Corp said on Monday it would acquire PDC Energy Inc in an all-stock transaction for $7.6 billion, including debt. The oil major said the PDC deal would bring strong free cash flow, low breakeven production and development opportunities adjacent to Chevron's position in the Denver-Julesburg Basin, as well as additional acreage to the company's position in the Permian Basin. The deal is expected to increases Chevron's proved reserves by 10% at an acquisition cost of under $7 per barrel of oil equivalent.  ( 37 min )
    How Much $10,000 Invested In Meta's IPO 11 Years Ago Is Worth Now
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    How To Trade Stocks: Do You Know The Seven Most Important Words On Wall Street?
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    Biden’s Billion-Dollar Oil Trade Faces a Big Test
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    Daily – Vickers Top Insider Picks for 05/22/2023
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    Daily – Vickers Top Buyers & Sellers for 05/22/2023
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    Ironwood Pharmaceuticals to Buy VectivBio for About $1 Billion
    Ironwood Pharmaceuticals is paying $17 a share for the Swiss biotech company.  ( 22 min )
    5 Things to Know Before Markets Open
    President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record data privacy fine to Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 19 min )
    Analyst Report: Rithm Capital Corporation
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    Analyst Report: Rocket Companies Inc
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    Analyst Report: Kimco Realty Corp.
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    PacWest to Sell $2.6 Billion Real Estate Loans at Discount
    (Bloomberg) -- PacWest Bancorp, one of the regional US lenders that was engulfed in turmoil earlier this month, said it agreed to sell a $2.6 billion portfolio of 74 real estate construction loans as part of its plan to shore up liquidity.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Mexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersKen  ( 38 min )
    Daily Spotlight: Stocks May Take Off Post Rate-Hike Cycle
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    Technical Assessment: Bearish in the Intermediate-Term
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    PacWest Sells Real Estate Loans. The Stock Rises.
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    PacWest Sells Real Estate Loans. The Stock Rises.
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  • Open

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  • Open

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  • Open

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  • Open

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    Huizenprijzen daalden in april voor derde maand op rij
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    NU+ | Keukenapparatuur steeds slimmer, maar vaatwasser ruimt zichzelf niet in
    Vanuit de supermarkt via je smartphone een kijkje nemen in de koelkast of er nog bakboter is. Of onderweg naar huis alvast de oven laten voorverwarmen. In steeds meer Nederlandse keukens is slimme keukenapparatuur te vinden. Dat lijkt handig, maar is het niet altijd.  ( 4 min )

  • Open

    Insiders Pour $1 Million Each Into These 2 ‘Strong Buy’ Stocks⁠ — Here’s Why Wall Street Thinks They Could Double (or More)
    Investors are constantly looking for ways to generate big returns, after all that is the whole point of investing. Achieving that goal is easier said than done, however. As with anything, if it were really simple, investors would only have success stories to tell. That said, there are ways to gain an edge in the market, and one common route is to keep track of insiders’ actions. Insiders are corporate officers responsible for their respective companies’ performance and have access to information  ( 42 min )
    These Are The Best Robinhood Stocks To Buy Or Watch Now
    No content preview
    Stocks Poised to Fall
    The Federal Open Market Committee will release the minutes from its early-May monetary-policy meeting, which will be closely scrutinized for clues about when officials might pause interest-rate increases.  ( 22 min )
    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
    No content preview
    The rise of ChatGPT could jump start the Roaring 20s for stocks and solidify a new bull market
    No content preview
    Yen Set to Inflict More Pain on Investors’ Bullish Convictions
    (Bloomberg) -- Things may get even worse for Japanese currency bulls after the yen touched its lowest level against the greenback this year and traders get closer to erasing their bets on a central bank policy tweak. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighMexico Raises Alert Level on Volcano Rumbling Near CapitalTraders Brace for Volatility With US Debt Deal Still ElusiveThe yen closed at 137.98  ( 39 min )
    Ford to Host Investor Meeting. 3 Things to Watch.
    Ford Motors host its 2023 “Capital Markets Day” its calling “Delivering Ford+.” Investors can tune in starting at 8 a.m. Eastern time.  ( 22 min )
    A Tesla co-founder returns, TuSimple restructures again and Uber's stickiness strategy
    It was another busy week in the transportation world and no surprise, Tesla was one of the headliners. The company held its annual shareholder meeting and as per ushe, CEO Elon Musk shared tidbits and musings about the company. Speaking of Musk, he lost another bid to end a 2018 settlement with the U.S. Securities and Exchange Commission that requires oversight of some of his Tesla-related tweets.  ( 44 min )
    Costco, JPMorgan, Snowflake, Ford, Zoom, and More Stocks to Watch This Week
    Earnings reports from Zoom Video, Lowe’s, Snowflake, Best Buy, Costco, and Ulta. Plus, minutes from the Federal Reserve’s May meeting and core PCE inflation data.  ( 22 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Beijing bans Chinese companies from using Micron chips in critical infrastructure
    China’s cybersecurity regulator has banned Chinese firms from buying chips from US memory manufacturer Micron.  ( 38 min )
    The Fed has come under fire for the way it tackled inflation. Here are the latest critiques from Elon Musk, Mohamed El-Erian and others.
    No content preview
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    A Military Scientist Wants to Retire at 55 or 60. Will He Have Enough Money?
    An advisers suggests how he can shore up his finances and set aside money for his four children.  ( 27 min )
    Hate taxes? This is for you: IRS boosts HSA limits for 2024 by record amount. Here's why.
    IRS raised health savings account contribution limits for 2024 by a record amount. This may be a big deal for those who hate paying taxes. Here's why.  ( 39 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 18 min )
    Tech analysts quit en masse amid turmoil at City investment bank
    A team of tech analysts have quit en masse at a City investment bank in the latest sign of turbulence.  ( 38 min )
    Credit cards are not 'a piggy bank,' expert warns
    US credit cardholders now owe $986 billion in debt, data from the Federal Reserve of New York found.  ( 39 min )
    One of China’s Poorest Provinces Faces Imminent Debt Problem
    Guizhou province has jaw-dropping landscapes and some of the world’s highest bridges—and outstanding debt of about 1.3 times its gross domestic product.  ( 27 min )
    Fed Official Is Open to Foregoing June Rate Hike
    Minneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting.  ( 26 min )
    ‘Perverse’ tax system means work doesn’t pay, warns Treasury Select Committee chief
    Britain's tax system is riddled with "perverse" incentives and punishing levies that must be reformed to make work pay, the head of a powerful parliamentary committee has warned.  ( 41 min )
    Traders Brace for Volatility With US Debt Deal Still Elusive
    (Bloomberg) -- Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch a debt-limit deal this week.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstZelenskiy Signals Bakhmut Falling, Russian Casualties HighTalks between politicians to end the deadlock hit another bump over the weekend with House Speaker Kevin McCarthy accusing White Hou  ( 38 min )
    TipRanks ‘Perfect 10’ List: 2 Stocks That Will Benefit Most From ChatGPT’s Meteoric Growth (Besides Microsoft)
    AI – artificial intelligence – has been stirring up the tech pot in recent times. With the release of ChatGPT, and the explosion of AI-powered natural language into the realm of online search, content creation, and even picture editing, it’s become clear that AI is the next frontier of the tech space. A sudden boom of this sort will always bring opportunities with it. New jobs and new products, of course – but also renewed opportunities in the stock market. Companies related to AI, either direct  ( 42 min )
    Debt ceiling drama, retail earnings, Fed Minutes: What to know this week
    The debt ceiling debate in Washington will remain in focus as uncertainty has begun to weigh on markets.  ( 41 min )
    Can I Use a Roth IRA as an Emergency Fund?
    Building an emergency fund is essential so you don't run into financial trouble if you lose your job or unexpected expense crops up. But keeping your emergency fund in a traditional savings account may not be the best solution. To … Continue reading → The post How to Use a Roth IRA as an Emergency Fund appeared first on SmartAsset Blog.  ( 39 min )
    Which of These 4 Retirement Withdrawal Strategies Is Best For You?
    Withdrawing money the right way matters. We often talk about how to save for retirement. That is, after all, essential business for everyone during their working life. Whether you follow the 60/40 strategy, put your money into real estate or … Continue reading → The post Four Retirement Withdrawal Strategies appeared first on SmartAsset Blog.  ( 40 min )
    Should I Be Using a Cashier's Check or Money Order?
    There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure … Continue reading → The post Cashier's Check vs. Money Order appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Build a Lucrative Multi-Asset Portfolio?
    Multi-asset strategies are styles of investment that provide for including a variety of different financial assets such as stocks, bonds and cash in a portfolio. Multi-asset strategies can provide greater diversification and less downside risk while also adding income and … Continue reading → The post What Are Multi-Asset Strategies? appeared first on SmartAsset Blog.  ( 39 min )
    Can I Take Out Life Insurance on Anyone?
    You can't buy a life insurance policy for just anyone. Before an insurance company approves your request to take out life insurance on anyone other than yourself, you must obtain the consent of the proposed insured. You also have to … Continue reading → The post Can You Take Out Life Insurance on Anyone? appeared first on SmartAsset Blog.  ( 40 min )
    The Healthcare Plan Most People Should Buy—and Why They Don’t
    Many people choose the wrong plan simply because it all seems too complicated to understand.  ( 26 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 22 min )
    The 34-year-old CEO of P.F. Chang’s wakes up at 4 a.m. and runs 8 miles every day. Here’s the Wall Street wunderkind’s daily routine
    Damola Adamolekun says he doesn’t need work-life balance.  ( 39 min )
    Investors Seek Shelter in Emerging Markets as Recession Risk Hits US
    (Bloomberg) -- Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey — a sign the asset class is becoming a favorite for those wary of a US recession. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutSome 61% of the 234 money managers, analysts and traders surveyed said they expect  ( 39 min )
    A US debt default is the wake-up call the world needs
    Interest rates will soar. The stock and bond markets will crash. And the global financial system will be plunged into turmoil as investors flee to any safe asset they can find.  ( 39 min )
    Largest U.S. Pension Sells Apple, Intel, NIO, and Li Auto Stock
    The California Public Employees' Retirement System, known as Calpers, cut positions in Apple and Intel stock, and sold shares of Chinese electric-vehicle makers NIO and Li Auto.  ( 22 min )
    Exxon Joins Hunt for Lithium in Bet on EV Boom
    The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.  ( 27 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Investors Seek Protection in Case of Debt-Ceiling Debacle
    Many are pulling cash from stock funds and seeking safety in Treasurys that don’t mature for several years.  ( 27 min )
    How America’s Largest Restaurant Franchisee Decides When to Raise Prices
    Flynn Restaurant Group harnesses internal and competitor data to take a surgical approach to selling fast food and sit-down meals.  ( 21 min )
    How Bud Light Blew It
    With one blunder after another, the brewing giant behind the brand became a case study in how not to handle a culture-war storm  ( 23 min )
    US Exposure Is Next Headache for Europe Inc. as Dollar Slides
    (Bloomberg) -- Behind the facade of Europe’s forecast-beating company earnings, cracks are appearing as exporters start to feel the pinch from regional exchange rate strength against the dollar.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitThe euro, Swiss franc and sterling a  ( 40 min )
    Analysis-Vodafone's new CEO faces tough calls to reconnect with investors
    When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. Della Valle, an Italian who joined Vodafone in 1994 and had been its chief financial officer since 2018, vowed on Tuesday to cut 11,000 of 90,000 jobs and speed up the delivery of new offers by giving local country bosses greater autonomy.  ( 40 min )
    Sunak’s complacency towards the management of Britain’s accounts is breathtaking
    Rishi Sunak is imposing the biggest tax rise the UK has seen since the 1970s. The Government’s decision to freeze personal tax thresholds for the next five years will drag millions of middle-income earners into the 40pc tax bracket.  ( 40 min )
  • Open

    What Are 409A Plans?
    A 409A plan is a non-qualified deferred compensation plan which involves a compensation that an employee has earned but not received. It's often used as a tax-saving strategy for high earners.  ( 19 min )
    Loan-to-Value (LTV) Ratio: What It Is, How To Calculate, Example
    The loan-to-value (LTV) ratio is a lending risk assessment ratio that financial institutions and other lenders examine before approving a mortgage.  ( 25 min )
    What Is the Difference Between Business Intelligence and Competitive Intelligence?
    Understand the difference between business intelligence and competitive intelligence. Learn why both are important for the success of a company.  ( 21 min )
    How to Buy a Foreclosed Home
    Finding and buying a foreclosed home is easier than it used to be, but you still have to know how to navigate the market.  ( 33 min )
    Interchange
    An interchange is the transfer of information between computers. Within business circles, it typically refers to an electronic data interchange, or EDI.  ( 18 min )
    Trade Resumption Definition
    Trade resumption refers to the commencement of trading activities after they have been shut down or halted for some period of time.  ( 19 min )
    Solow Residual: Definition, Example, Vs. TFP
    The Solow residual is a measure of an economy's productivity growth. It is also referred to as total factor productivity (TFP).  ( 19 min )
    Net Leverage (Insurance) Definition
    Net leverage is the sum of an insurance company’s net written premiums ratio and its net liability ratio. It is a gauge of the insurer's financial health.  ( 18 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Wrap-Up Insurance: Definition, 2 Main Types, and Coverage Example
    Wrap-up insurance is an all-encompassing liability insurance policy that protects all contractors and subcontractors working on a large project.  ( 23 min )
    Affordable Market Value (AMV) Definition
    Affordable market value (AMV) is the price charged for an apartment building sold through the FDIC’s Affordable Housing Program.  ( 23 min )
    Net Premium Definition, Calculation, vs. Gross Premium
    Net premium, in the insurance industry, is calculated as the expected present value (PV) of a policy’s benefits minus the expected PV of future premiums.  ( 20 min )
    Probable Maximum Loss: Definition and How to Calculate It
    Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. It's a standard calculation in underwriting.  ( 20 min )
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    6 Tips for Getting Approved for a Mortgage
    If you're in the market for a home, it helps to know what lenders look for so you can adjust your finances accordingly. Here are six tips.  ( 23 min )
    Understanding Lender-Required Flood Insurance
    Flood insurance is required by some mortgage lenders if the property is in a federally designated high-risk flood zone.  ( 26 min )
    Jumbo Loans vs. Conventional Loans: What's the Difference?
    Conventional mortgages are more in line with the needs of the average homebuyer. Jumbo mortgages are for properties with steep price tags.  ( 27 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 17 min )
    A Guide to Private Mortgage Insurance (PMI)
    Private mortgage insurance (PMI) is often required for conventional mortgages with less than a 20% down payment. Learn how PMI is used and how to avoid paying for it.  ( 28 min )
    15-Year vs. 30-Year Mortgage: What's the Difference?
    When choosing between 15-year and 30-year mortgages, remember that longer terms usually mean smaller payments, but higher overall interest costs. Learn more.  ( 26 min )
    Down Payment: What It Is and How Much Is Required
    A down payment is a sum of money, usually a percentage of the cost the buyer pays at the outset of a purchase of a home or car.  ( 24 min )
    What Is Attestation? Definition, How It Works, History, and Example
    Attestation in law is the act of authenticating a formal document by witnessing it being signed and then also signing it to verify its legitimacy.  ( 20 min )
    Business Owner Policy (BOP): Definition, Coverage, Exclusions
    A business owner policy (BOP) combines protection from all major property and liability risks into one package. They typically contain business interruption insurance, property insurance, and liability protection.  ( 20 min )
    How to Become a Day Trader
    How does one become a day trader? We look at the training, tools, equipment, and strategies needed to succeed as a day trader.  ( 24 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 21 min )
    How to Calculate Profit Margin
    Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them to analyze a company's profitability.  ( 28 min )
    Assumable Mortgage: What It Is, How It Works, Types, Pros & Cons
    An assumable mortgage is a type of financing arrangement in which an outstanding mortgage can be transferred from the current owner to a buyer.  ( 27 min )
    Zero Cost Collar: Definition and Example
    A zero cost collar is an options strategy used to lock in a gain by buying an out-of-the-money (OTM) put and selling a same-priced OTM call.  ( 20 min )
  • Open

    Huizenprijzen zijn in april opnieuw gedaald
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
    Bang dat je vliegreis wordt geannuleerd? Kies voor een pakketreis
    Honderden vluchten van Transavia zijn al geannuleerd en mogelijk volgen er meer. De Consumentenbond adviseert daarom om voor een pakketreis te kiezen. "Kies voor zoveel mogelijk bescherming."  ( 5 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven te zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
  • Open

    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 1 min )

  • Open

    Mike Rowe's warning to white collar workers: 'The robots are coming' for 'your white collar job'
    'How America Works' host Mike Rowe unpacks how A.I. developments could impact jobs and offers a message to workers in light of white-collar recession fears.  ( 39 min )
    BofA says AI is in a 'baby bubble' that echoes the dot-com era, and one move could easily blow up the investment frenzy ignited by ChatGPT
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    Home prices have dropped the most in 11 years with soaring mortgage rates driving away would-be buyers
    US home prices fell nearly 2% year-over-year in April, according to the National Association of Realtors.  ( 37 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
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    A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile
    You've made it to the end of the week -- congrats, by the way -- and to Week in Review (WiR), TechCrunch's regular newsletter covering the week that was in tech. On May 24, TechCrunch Live, TC's podcast about founder stories, will host Romi Gubes, the co-founder of Sensi.AI, in a discussion about how the company uses audio-based software to monitor patients and assist medical staff and family members with care. Meanwhile, TechCrunch City Spotlight will go virtual on June 7 with a focus on Atlanta, where speakers will present about building businesses in the exploding metro and startups will apply to participate in TC's famed Battlefield 200.  ( 40 min )
    It’s Time to Rethink Love for Cash With Fed Most Likely ‘Done’
    (Bloomberg) -- Wall Street investors sitting on a pile of cash could start considering other opportunities, with the Federal Reserve possibly heading for a pause in interest-rate hikes, according to Tom Kennedy, chief investment strategist for global wealth management at J.P. Morgan. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderTraders Br  ( 41 min )
    Corporate America Hit by Rate-Sticker Shock: Credit Weekly
    (Bloomberg) -- Corporate America is waking up to what higher interest rates really mean.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutCompanies across the credit spectrum are facing sharply higher financing costs after the Federal Reserve raised its benchmark rate for ten consecutive meetings, bringing it to a range of 5% to 5.25% ear  ( 40 min )
    Bond Market Caught Between Fears of US Debt Default, Rate Hikes
    (Bloomberg) -- Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to the rescue with rate cuts this year. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitStock Market Keeps Rallying, Defying Doom ScenariosThe latest shift in  ( 39 min )
    US Inflation Set to Stay Firm in Challenge for the Fed
    (Bloomberg) -- The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal Reserve officials about whether they’ve made enough progress on inflation to step off the monetary-policy brakes.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitM  ( 41 min )
    Warren Buffett swapped shares for cocoa beans in a weird 1950s deal. Billionaire Thomas Pritzker just told his father's side of the story.
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    This investor holds $74 million in Tesla stock. Here's why he's bullish on the future of Elon Musk's EV company.
    No content preview
    'Elon has his mojo back': A top Tesla investor shares the biggest takeaways from the shareholder meeting and why the stock is a must-have in your portfolio now
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    Wall Street increasingly doubts Fed can meet 2% inflation target
    (Bloomberg) -- Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderStock Market Keeps Rallying, Defying Doom ScenariosMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownZelenskiy Meets W  ( 40 min )
    These are the most common disruptions seniors face in retirement
    Roughly half of today’s retirees (48%) say their retirement has involved even more surprises and challenges than expected.  ( 40 min )
    A Professor Spent Years Helping His Mother. Now He Needs to Figure Out His Finances.
    A financial adviser weighs in on when he can afford to stop teaching.  ( 27 min )
    Icahn Is No Saint, but Illumina Can Still Use a Flawed Savior
    Despite a short seller’s accusations that his company has inflated its asset prices, Carl Icahn’s effort to shake up Illumina’s board is still very much in the interest of shareholders.  ( 26 min )
    Many married couples are making subpar retirement choices, study finds
    Many married couples are leaving retirement money on the table, according to a new working paper, and those with signs of trouble are most at risk.  ( 39 min )
    Roth 401(k) Contribution Limits For 2023
    No content preview
    Is It Even Possible to Say I Do to My Partner Without Saying I Do to Wedding Debt, too?
    No content preview
    How to Save $10,000 in Just 1 Year
    We would all like to save a bit more money. Whether you want a better safety net, need to pay off debt or are saving up for a big purchase, having extra cash on hand is a good thing. It's … Continue reading → The post How to Save $10,000 in a Year appeared first on SmartAsset Blog.  ( 40 min )
    Top 5 China Stocks To Buy And Watch: EV Leaders Show Spark
    No content preview
    Will I Owe Taxes on My Non-Qualified Annuities?
    Non-qualified annuities have some unusual tax advantages. With these contracts, you invest money using after-tax dollars. The money in the annuity then grows tax-free or technically tax-deferred, until the contract matures. At that point, called the "annuitization," you begin receiving … Continue reading → The post Non-Qualified Annuity Taxation: Guide appeared first on SmartAsset Blog.  ( 40 min )
    How to Financially Support Family Members With Special Needs After You Die
    Ensuring the long-term financial stability of a loved one with special needs can be an exceptionally confusing process. Public programs like Medicaid and Supplemental Security Income (SSI) will provide for them and pay for their services for the rest of … Continue reading → The post Special Needs Trusts Vs. ABLE Accounts appeared first on SmartAsset Blog.  ( 40 min )
    How Much Money Do I Really Need to Retire?
    While there may not be a more common or consequential financial question then "how much money do I need to retire?," there isn't a one-size-fits-all answer. One person's retirement income needs will be different from the next, depending on their … Continue reading → The post How Much Money Do You Need to Retire? appeared first on SmartAsset Blog.  ( 40 min )
    Retirement Annuitization vs. Withdrawals: Which Will Cost Me Less?
    Purchasing an annuity can provide you with an additional stream of income for retirement. One thing you'll have to decide is to annuitize payments or opt for lifetime withdrawals. Whether it makes sense to opt for annuitization vs. withdrawal can … Continue reading → The post Annuitization vs. Lifetime Withdrawals for Annuities appeared first on SmartAsset Blog.  ( 40 min )
    Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
    (Bloomberg) -- Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidel  ( 40 min )
    MercadoLibre Leads 5 Stocks Near Buy Points From This Classic Bullish Pattern
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    China’s Wavering Recovery Reverses Copper Rally
    Copper prices have slumped to a five-month low, also reflecting the resolution of supply disruptions and some traders stepping up bearish bets against the metal.  ( 27 min )
    San Francisco is reportedly investigating Twitter over possible building code violations
    San Francisco authorities have opened a new investigation into Twitter after six former senior employees filed a lawsuit against the company, according to AP and the San Francisco Chronicle.  ( 38 min )
    The ‘dysfunctional’ debt ceiling fight could deal a $12 trillion blow to the American economy if Washington doesn’t get its act together
    There have been 78 debt ceiling deals since 1960 and zero failures. Could this time really be different?  ( 41 min )
    The high-stakes debt ceiling fight could be a $12 trillion blow to the American economy: Here are 3 disasters a default would trigger
    Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?  ( 40 min )
    New York skyscrapers sit empty as Manhattan reels from rise of home working
    Simon Mitchell’s office in Union Square, New York City has had an eerily empty feel since the Covid pandemic. With four in five desks unused in a space with capacity for 300, the marketing manager only goes in when he feels like he might have some company.  ( 41 min )
    Buy Side from WSJ | Best Dividend Stocks of 2023
    Steady investments for an unsteady market  ( 47 min )
    Debt-Ceiling Standoff Could Start a Recession, but Default Would Be Worse
    Economists assess the damage that could occur in three scenarios ranging from a last-minute deal to a lengthy impasse.  ( 27 min )
    Auto Dealers Finally Have Cars to Sell Again
    Some brands are getting heavier on inventory than others as shoppers’ concerns about rising interest rates put a dent in demand.  ( 27 min )
    Memory chip market may be showing signs of bottoming out as China's YMTC leads Samsung, Micron in raising prices
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    AT&T opposes the Starlink and T-Mobile satellite-to-phone service plan
    AT&T has raised concerns that Starlink's and T-Mobile's satellite service, in its current proposed state, could interfere with existing wireless services.  ( 37 min )
    Goldman’s David Solomon: There’s More Banking Consolidation to Come
    The Goldman Sachs CEO sees more challenges for small and midsize institutions as the cost of banking continues to climb.  ( 22 min )
    A $518 Billion Rally Shows Japan Stocks Are All the Rage in 2023
    (Bloomberg) -- Some of the world’s most famed investors and the biggest Wall Street banks are voicing a near consensus that Japan’s stock market is the place to be as its larger peers — the US and China — grapple with rising economic headwinds.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesStock Market Keeps Rallying, Defying  ( 40 min )
    Explainer-What India's decision to scrap its 2000-rupee note means for its economy
    India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock move in 2016 when the Narenda Modi-led government had withdrawn 86% of the economy's currency in circulation overnight.  ( 38 min )
    US stocks close lower after Republicans and the White House hit an impasse in debt-ceiling talks
    "We've got to get movement by the White House and we don't have any movement yet," House Speaker Kevin McCarthy said about the stalled debt talks.  ( 38 min )
    Yes, a College Degree Is Still Worth It
    College graduates continue to command higher wages, but to combat falling enrollment, schools need to emphasize skills over credentials.  ( 25 min )
    America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing
    The deposit crisis that toppled First Republic and two other banks has only made JPMorgan stronger.  ( 23 min )
    Americans view gold as a better investment than stocks for the first time since 2013. Here's why that's a good sign for the stock market.
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    Dow Jones Futures: Debt-Ceiling Talks Resume; Nvidia Earnings Key For Market Rally
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  • Open

    FHA Loans vs. Conventional: What’s the Difference?
    FHA loans and conventional loans are both types of mortgages—but an FHA loan is intended for borrowers with lower credit scores and income.  ( 29 min )
    Triangular Arbitrage: Definition and Example
    Triangular arbitrage involves the exchange of a currency in a series of three currency pairs over a short amount of time for a profit.  ( 20 min )
    Reciprocal Insurance Exchange: Definition, How It Works, Example
    Reciprocal insurance exchanges are where individuals and businesses exchange insurance contracts to spread the risk among themselves.  ( 22 min )
    6 Basic Financial Ratios and What They Reveal
    When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 25 min )
    How Do SPDRs, Vanguard ETFs, and iShares Differ?
    iShares, Vanguard ETFs, and spiders each represent different exchange-traded fund (ETF) families. Learn more about these ETF families and their differences.  ( 19 min )
    No-Appraisal Refinancing: Definition and Eligibility
    No-appraisal refinancing means that a lender does not require an independent assessment of a home’s value to extend a new mortgage.  ( 21 min )
    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 15 min )
    Government National Mortgage Association (Ginnie Mae): History and Programs
    Ginnie Mae is a federal government corporation that links the United States housing market to capital markets, providing low-cost financing for federal housing programs.  ( 21 min )
    Archer MSA Definition
    An Archer MSA is a medical savings account established in the 1990s and named after Texas Congressman Bill Archer.  ( 22 min )
    Budgeting for New Baby: Ongoing & One-Time Expenses
    This little member of your family will be a big expense. Find out what you need to budget for and how to save.  ( 26 min )
    Insurance Risk Class Definition and Associated Premium Costs
    An insurance risk class has similar characteristics, which are used to determine the risks of underwriting a policy and the premium that should be charged.  ( 22 min )
    Top Reasons Banks Won't Cash Your Check
    Cashing a check isn't always easy. Problems can include the age of the check, the amount of the check, and proof of identity of the person cashing it.  ( 22 min )
    Bank Deposits
    Bank deposits are money placed into a deposit account at a banking institution, such as savings accounts, checking accounts, and money market accounts.  ( 23 min )
    Here's How Citadel Star Priyanka Chopra Made Millions
    Hair care, homeware brand and even a custom popcorn flavor are among her brands  ( 20 min )
    Corrective Waves Definition
    Corrective waves are a set of price movements normally associated with the Elliott Wave Theory of technical analysis.  ( 18 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 17 min )
    Apple Users Can 'Talk' To ChatGPT Using New App. Here's What You Can Do With It.
    OpenAI's new ChatGPT app for Apple's iOS will allow users to use the chatbot "on the go," give it voice commands and receive ad-free recommendations.  ( 17 min )
    How to Evaluate a Company's Balance Sheet
    A company's balance sheet should be interpreted when considering an investment as it reflects their assets and liabilities at a certain point in time.  ( 26 min )
    How RIAs Can Avoid Discrimination in Hiring
    RIAs that operate their own small businesses may have HR departments with different experience than corporations, and may be more likely to make mistakes.  ( 24 min )
    Marriage vs. Common-Law Marriage: What's the Difference?
    The number of unmarried couples is on the rise, but they may not have similar benefits to married couples unless they have a common-law marriage.  ( 31 min )
  • Open

    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 1 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 1 min )
    Markets Fall as Debt Ceiling Talks Pause
    U.S. equities declined on Friday, May 19, 2023 as GOP negotiators called for a pause in talks to raise the federal debt ceiling.  ( 1 min )
  • Open

    Zelfscankassa's en inflatie leiden tot meer gepik in supermarkt
    Klanten van supermarkten namen vorig jaar vaker iets mee zonder te betalen dan in 2021. Supermarkten liepen daardoor gemiddeld 66.300 euro per winkel mis. In 2021 lag dat bedrag ongeveer 20.000 euro lager, blijkt uit onderzoek van retailspecialist Marshoek waar NOS over schrijft.  ( 3 min )
    Waarom boycot rechts Amerika merken zoals Disney?
    Sommige grote Amerikaanse merken en bedrijven worden geboycot door Republikeinen. Volgens rechts-conservatief Amerika zijn bedrijven als Disney te 'woke', omdat ze zich veel met sociale kwesties bezighouden. Wat is er aan de hand?  ( 4 min )
    Adidas verkoopt berg aan Yeezy-spullen, opbrengst deels naar goede doelen
    Adidas begint eind mei met de verkoop van de spullen die voortkwamen uit de samenwerking met Kanye West. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper, die inmiddels door het leven gaat als Ye. Volgens het sportmerk gaat "een aanzienlijk deel" van de opbrengsten naar het goede doel.  ( 3 min )
    Make-upinfluencers maken jongeren te onzeker, vindt de cosmeticabranche
    Jonge influencers zijn belangrijk voor cosmeticamerken. Als een mascara of huidcrème viral gaat, is de kans groot dat het een goedlopend product wordt. Toch probeert de Nederlandse Cosmetica Vereniging deze reclames te beteugelen: "Merken realiseren zich niet wat de gevolgen zijn voor het zelfbeeld van jongeren."  ( 5 min )
  • Open

    Catalent Shares Climb After Positive Comments About the Firm's Business
    Catalent shares jumped after the contract drug maker said customer supplies are strong and it's getting "significant" new business.  ( 1 min )
    Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
    Foot Locker reported first quarter earnings and revenue that came short of analyst estimates and lowered its guidance.  ( 1 min )

  • Open

    The 5 Stocks That Rule This Market—and Make Investors Nervous
    Apple and its compatriots have returned an average of 50% in 2023, accounting for roughly 80% of the S&P 500’s 8% gain.  ( 22 min )
    Stock Market Shrugs Off Doomsday Scenarios. It Might Be Right.
    There’s a bear market in worry on Wall Street—about higher rates, a debt-ceiling debacle, and more. When sentiment is this bearish, gains often follow.  ( 22 min )
    Berkshire Stock Buys Still Get a Buffett Bounce—but Maybe Not the Expected Results
    Over the past few years, Berkshire Hathaway has engaged in more rapid trading in its $350 billion portfolio. Some plays are made by Warren Buffett’s lieutenants.  ( 23 min )
    A Wounded Carl Icahn Makes His Play at a Struggling Illumina
    The legendary activist, whose own company is under attack, has launched a proxy contest for three seats on the gene-sequencing giant’s board, which is mired in a messy acquisition. The stakes are high for both.  ( 23 min )
    Western Alliance Stock Is Positioned to Outperform Peers
    Analysts weigh in on Western Alliance, YETI Holdings, Expedia Group, MercadoLibre, and Nvidia  ( 22 min )
    Tesla Stock’s Twitter Overhang Is Gone. Here’s What Comes Next.
    It was a bumpy ride, as is usually the case with Tesla stock, but shares are up more than $11 since Musk announced he found a CEO for Twitter.  ( 22 min )
    These are the top 10 stocks held by 'Big Short' investor Michael Burry
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    Why an Interest Rate Hike Is Still on the Table for June
    Recent data point to consumer strength and even a pickup in housing. That leaves the Federal Reserve room to raise interest rates again in June.  ( 22 min )
    Third Point to Pay Out Hedge-Fund Redemptions with Cash and IOUs
    Daniel Loeb's Third Point told its hedge-fund clients Friday that investors exiting its funds would be paid out with a mix of cash and the equivalent of an IOU for about 9% of their money, according to a letter viewed by The Wall Street Journal. The new redemption policy highlights the frozen state  ( 20 min )
    Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta
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    JetBlue and American Airlines were ordered by a judge to end their alliance in the Northeast US
    A federal judge in Massachusetts struck down a partnership between JetBlue and American Airlines to coordinate routes and schedules in the Northeast US, which had effectively combined the Boston and New York operations of the two carriers. Citing antitrust grounds, the judge ruled that the deal was a “naked agreement not to compete.”  ( 39 min )
    Stock Market Action Plan: Nvidia, D.R. Horton And A Wave Of Retail Earnings
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    Walmart, Tesla, Micron: Stocks That Defined the Week
    Seven major companies whose stocks moved on the week’s news.  ( 26 min )
    Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
    (Bloomberg) -- Yields on US Treasury bills that mature in early June have resumed climbing as the federal government’s coffers dwindle to the lowest level in almost a year-and-a-half, increasing pressure on lawmakers to strike a deal to raise the debt limit as negotiations show signs of faltering on Capitol Hill.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimis  ( 39 min )
    LGBTQ+ group suspends Bud Light maker's rating over handling of backlash to transgender influencer
    The country's largest advocacy group for LGBTQ+ rights has suspended its benchmark equality and inclusion rating for Anheuser-Busch, citing the beer company's handling of the hate-filled and transphobic backlash to its partnership with transgender influencer Dylan Mulvaney last month. The Human Rights Campaign informed the Bud Light maker that it suspended the company's 2022 Corporate Equality Index score — a tool that measures corporate policies, practices and benefits related to the well-being of lesbian, gay, bisexual, transgender and queer employees — on May 9, according to a letter shared with the The Associated Press on Friday. The suspension of Anheuser-Busch’s CEI score means that the company “no longer has the right to use the ‘Best Places to Work’ distinction,” HRC’s letter says.  ( 39 min )
    VMware Extends Deadline for Takeover by Broadcom in Face of Scrutiny
    (Bloomberg) -- VMware Inc. has agreed to extend the deadline for its takeover by Broadcom Inc. as the $61 billion deal faces regulatory scrutiny. Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedThe companies are now a  ( 38 min )
    Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador
    The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.  ( 39 min )
    It’s Time to Think Bigger on AI. These 8 Stocks Could Be the Next Winners.
    If AI is going to change the world, investors will have lots of ways to play the theme. Here are ideas that go beyond Nvidia, Microsoft, and Alphabet.  ( 23 min )
    Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon Valley
    Investors in Asia seem to be betting bigger on American A.I. than China's.  ( 39 min )
    Stock Market Keeps Rallying, Defying Doom Scenarios
    (Bloomberg) -- A recession will torpedo stocks. Or banking turmoil. Or a government default, or falling earnings, or a too-aggressive Federal Reserve.Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealDoom-saying is never  ( 41 min )
    Semiconductor Stock Rambus Could Be An Acquisition Target: Analyst
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    ON Semiconductor Seen Outpacing Rivals In Silicon Carbide Chips
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    Foot Locker Stock Tumbles After Earnings Report
    Shares of Foot Locker tumbled Friday after the retailer missed Wall Street expectations in its latest quarterly report and slashed its outlook for the full year. The stock closed down 27%. Foot Locker [posted adjusted earnings](https://www.wsj.com/articles/foot-locker-fl-q1-earnings-report-2023-8f  ( 18 min )
    This Little-Known Hotel REIT Is Up 46% Over The Past Two Months
    Most of 2022 was bad for real estate investment trusts (REITs), particularly the hotel REIT subsector, as inflation, Federal Reserve rate hikes, hurricanes, airline delays and the threat of a recession provided headwinds for the group. Several hotel REITs lost as much as 40% to 50% of their value throughout the year. But some hotel REITs have bounced back in 2023 as the hospitality industry saw an uptick in business and personal travel. Many hotel REITs announced first-quarter operating results  ( 40 min )
    Shun mega-cap tech stocks as a 'big asset bubble' is building in growth shares, Bank of America's top strategist says
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    Boeing, First Solar, and Viking Therapeutics Notch Stellar Performances Over the Last Year
    Three stocks have had stellar performances over the last 12 months in their respective indexes, according to Dow Jones Market Data as of Friday afternoon. The best performer in the Dow Jones Industrial Average is aerospace giant Boeing (BA), which has gained 70% over the last 12 months. The best p  ( 23 min )
    Homebuilders Are Booming. There Are Two Big Reasons Why
    Homebuilder shares have been some of the top-performing stocks of the past year. Five big builders—including D.R. Horton, Lennar and PulteGroup—are trading near record highs, even with Friday's rare declines. This is probably not what investors expected when the Federal Reserve began raising intere  ( 18 min )
    'We Are Going Up': New York Mets Owner Steve Cohen Identifies 'Big Wave' Of Opportunities In This Segment. Here's How He's Positioning His Bets
    Heightened interest rates have cast a shadow of doubt over stock market optimism, intensifying concerns of a looming economic downturn. Many experts have called for a recession. But billionaire hedge fund manager and New York Mets owner Steve Cohen is taking a bullish stance. “I’m making a prognostication — we’re going up,” he said at a private conference, according to Bloomberg. Cohen knows a thing or two about navigating the markets and rising to the top. After all, the hedge fund manager’s ca  ( 40 min )
    Tyson Insiders Bought Up the Beaten-Down Shares
    A disappointing quarterly report hammered Tyson stock. CEO Donnie King led a group of executives in scooping up shares.  ( 22 min )
    How a U.S. debt default could impact your money
    "It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.  ( 39 min )
    The stunning tech rally that boosted Meta and Nvidia by over 100% will fizzle out soon, top RBC strategist says
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    Tesla offering discounts of over $1,300 on some U.S. Model 3 cars-website
    Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters' review of its website, at a time when the electric carmaker has raised U.S. prices on most newly ordered cars this month. Tesla, which this year has aggressively cut vehicle prices in several regions, is resorting to the traditional automakers' tactic of offering incentives to clear inventory at a time when it faces economic headwinds and rising competition, industry analysts say. Tesla CEO Elon Musk told shareholders on Tuesday the company will try advertising for the first time, in a move seen by analysts to drum up demand.  ( 38 min )
    Goldman Sachs Says Small-Cap Stocks Are Attractively Valued at Current Levels; Here Are 2 Names the Banking Giant Likes
    Small-caps may be poised for another lackluster year, but according to Luke Barrs, asset manager and global head of client portfolio management for the investment bank Goldman Sachs, there are compelling factors that make them an attractive investment choice. Acknowledging the risks and poor sentiment that characterize the current market, Barrs goes on to say, “There are many parts of the small-cap space that are being penalized due to the macro concerns of the past couple of years.” He further  ( 42 min )
    Warren Buffett's Berkshire Hathaway And Two More Stocks Hit New Highs
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    The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns
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    Alibaba Makes Another Step Towards Unlocking Value
    On May 18th, following Walmart (NYSE: WMT) who topped estimates due to resilient customers, Alibaba Group Holding Limited (NYSE: BABA) showed it has made significant progress on the profitability front, despite quarterly revenue missing expectations. This is the first report since its historical restructuring that split the company into six business units and also the first since COVID-19 restrictions were eased at the end of last year. Fourth Quarter Highlights Revenue for the quarter ended on  ( 39 min )
    Carl Icahn bet on America to fail. Instead he lost $9 billion
    A short seller accused the billionaire of covering up his losses by bribing shareholders with a dividend. Now he admits his 'mistake': 'Don't fight the fed'  ( 40 min )
    Everyone Is Focusing on Bud Light’s Transgender Controversy. They’re Missing a Bargain Stock Opportunity.
    The controversy over Bud Light’s transgender promotion obscures Anheuser-Busch InBev’s push to boost global sales and revenue growth  ( 22 min )
    The biggest home buyers in America are now selling more property than they're buying
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    Household bills to plunge by £500 as Putin's energy war fails
    Household energy bills are expected to fall by an average £500 from July in a sign that Vladimir Putin's attempt to "weaponise" Russia's gas supplies have failed.  ( 62 min )
    Analyst Report: Walmart Inc
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    Analyst Report: UWM Holdings Corporation
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    US regional bank stocks fall after Yellen says more bank mergers necessary
    Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury Secretary Janet Yellen told bank chief executives that more mergers may be necessary following a series of bank failures. Yellen also reaffirmed the strength and soundness of the country's banking system at the meeting with bank CEOs on Thursday in the aftermath of the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank. The KBW Regional Banking Index fell 3%, with shares of PacWest Bancorp and Western Alliance among the biggest losers as they shed 4% each.  ( 39 min )
    Brazil’s Market Likes Its New President. 6 Stocks to Play.
    The catalyst for the market’s upturn is a set of fiscal rules by Brazil’s president to fix recurring budget deficits. Investors were pleased.  ( 22 min )
    Market Update: AMAT, EA, WMT, UWMC
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    Western Alliance, KeyCorp Fall as Report Says Yellen Notes More Bank Mergers May Be Needed
    Treasury Secretary Janet Yellen told bank chief executives that more bank mergers may be necessary, according to a report from CNN.  ( 23 min )
    GE CFO Leaving Because Soon There Will Be No GE
    GE announced that CFO Carolina Dybeck Happe will leave and Rahul Ghai will take over. Given what's coming, it makes a lot of sense.  ( 22 min )
    Forget Apple Stock. Here’s the Reason the S&P 500 Is Doing So Well.
    Apple makes up about 8% of the S&P 500's market cap, while Nvidia and other AI-focused companies make up around 15%.  ( 26 min )
    Nine Rounds of Interviews and No Call Back: It’s Harder Than Ever to Land a White Collar Job
    Hiring for the office set is slowing down and employers are getting picky again  ( 28 min )
    Foot Locker Steps in It, Keeps Moving
    The new CEO has laid out a sensible strategy, but progress is difficult to see in such a challenging economic environment.  ( 27 min )
    What's Going On With Nvidia Stock Friday
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    Artificial intelligence gives real boost to U.S. stock market
    Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. The S&P 500's 9% rally this year has been driven by a handful of the index's biggest stocks, a number of which are at the center of the AI frenzy that has spread in the wake of the chatbot sensation ChatGPT. Five stocks - Microsoft, Google parent Alphabet, Nvidia, Apple and Meta Platforms - are responsible for the S&P 500's entire year-to-date return, said Jessica Rabe, co-founder of DataTrek Research.  ( 39 min )
    Republicans storm out of ‘unreasonable’ debt ceiling talks with White House
    Joe Biden cut short a dinner with Rishi Sunak and other world leaders on Friday as crunch talks over raising America's debt ceiling continued.  ( 38 min )
    Powell Signals a June Pause, Says Fed Can Afford to Watch Data
    (Bloomberg) -- Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month and said that tighter credit conditions could mean the policy peak will be lower.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealMorgan Stanley CEO Gorman to Step Down Within 12 MonthsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedUkraine Leader Zelenskiy to Visit  ( 38 min )
    Disney stock slumps on Wall Street downgrade citing 'near-term uncertainties'
    Disney shares are under pressure after one Wall Street analyst said uncertainties like declining linear networks, direct-to-consumer hurdles, and a slowing parks business are clouding the media giant's future.  ( 40 min )
    Stock Market Slumps as Republicans Walk Out of Debt Ceiling Talks
    Stocks were dropping sharply Friday amid disappointing news about debt ceiling discussions. The Dow Jones Industrial Average shed 134 points, or 0.4%, the S&P 500 lost 0.3%, and the Nasdaq Composite fell 0.4%. Negotiators broke off talks on the debt ceiling Friday morning, The Wall Street Journal  ( 26 min )
    Stocks Waver During Powell’s Speech
    Stocks gave back earlier gains during remarks by Federal Reserve Chairman Jerome Powell at the Thomas Laubach Research Conference in Washington D.C. that underlined the  ( 24 min )
    Catalent Stock Surges Even as It Needs More Time to Post Quarterly Figures. Here’s Why.
    Catalent reduces fiscal 2023 revenue guidance but says its customer supply situation remains 'healthy' and that it continues to 'win significant new business.'  ( 22 min )
    Apple Is Reaching Deeper Into Your Pocket. Why PayPal and Other Fintechs Should Be Scared.
    The iPhone maker is expanding its virtual wallet to take on many of the functions performed by fintechs, like paying bills, issuing credit cards, or offering buy-now-pay-later service.  ( 23 min )
    3 Retail REITs On The Rebound
    It’s often said that successful investing involves buying high-quality stocks and holding them for the long term. But it’s not just about what stocks you buy. It’s also when you buy them that determines your total return. If high-quality stocks are in a sector that is out of favor, it could still be a long time before the investor sees a profit. For investors in real estate investment trusts (REITs), holding these stocks long term through 2022 and part of 2023 has been difficult. Even stalwart r  ( 40 min )
    Carl Icahn Admits Making A Mistake On Bearish Bet, Said He Should Have Kept His Own Advice
    Prominent activist investor Carl Icahn has acknowledged his error in placing a substantial bet on a market crash, ultimately resulting in his group suffering losses of nearly $9 billion over six years. The net asset value of Icahn Enterprises LP (NASDAQ: IEP) decreased from $7.9 billion in 2017 to $5.6 billion this month, posing a potential issue for Icahn, as he traditionally opted for an annual dividend of $8 per share in stock rather than cash. Consequently, the number of outstanding shares m  ( 39 min )
    Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets.
    My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 40 min )
    Snowflake Stock Kicks Into Gear Ahead Of Fiscal Q1 Results; Nvidia, ELF Beauty, PANW Set To Report
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    India to withdraw 2,000-rupee notes from circulation
    MUMBAI (Reuters) -India will start withdrawing 2,000-rupee ($24.5) notes from circulation, its central bank said on Friday, adding that evidence showed the denomination was not being commonly used for transactions. The notes will remain legal tender, but people will be asked to deposit and exchange them for smaller denominations between May 23 and Sept. 30, the Reserve Bank of India said. "The stock of banknotes in other denominations continues to be adequate to meet the currency requirement of the public," the RBI added in a statement.  ( 37 min )
    After Scorching Big Tech Rally, One Indicator Is Flashing Sell
    (Bloomberg) -- This year’s searing Big Tech rally is showing signs of overheating, with at least one technical measure suggesting a pullback might be right around the corner. Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownStock Market Keeps Rallying, Defying Doom ScenariosDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 Month  ( 39 min )
    Stocks rise amid debt limit confidence: Stock market news today
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    Dow Jones Futures Rise Ahead Of Powell Speech; Warren Buffett Boosts Stake In Occidental
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    These Stocks Are Moving the Most Today: Deere, Foot Locker, Applied Materials, Farfetch, Alibaba, Palantir, and More
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    Fed's Powell in the spotlight as pressure grows to 'fish or cut bait' on rates
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    Analysis-US debt ceiling deal could stall safety flight fueling megacap rally
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  • Open

    Fiduciary Designations for Financial Advisors
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    Dow Jones Today: Debt Deal Pause Drives Down Index
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    Catalent Shares Climb After Positive Comments About the Firm's Business
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    Markets Fall as Debt Ceiling Talks Pause
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    The 60-40 Portfolio Makes a Comeback
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  • Open

    Voor het eerst Nederlander op Amerikaanse sanctielijst om Russische kernwapens
    Voor het eerst is een Nederlander op de Amerikaanse sanctielijst voor Rusland gezet, meldt Follow the Money. Het gaat om Edwin Onno van Ingen. Volgens Washington werkt hij via zijn bedrijf Ronin Management B.V. samen met Russische laboratoria die gericht zijn op het ontwikkelen van kernwapens.  ( 4 min )
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    Russische diamanten na lang twijfelen toch geweerd door Europa
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    OpenAI brengt AI-chatbot ChatGPT uit als app voor iPhone
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    Hemelvaartsdag valt traditiegetrouw op een donderdag. Vaak moeten werknemers de dag na Hemelvaart verplicht vrij nemen, omdat het bedrijf die dag de deuren gesloten houdt. Veel mensen zijn blij met zo'n lang weekend, maar wat als je juist wel naar kantoor wilt?  ( 4 min )
  • Open

    The 60-40 Portfolio Makes a Comeback
    The traditional "60/40" investment strategy is making a comeback, with the portfolio of 60% stocks and 40% bonds seeing a 28% jump so far this year, the best return since 1995.  ( 1 min )
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  • Open

    Berkshire Buys More Occidental Stock, Upping Stake to Nearly 25%
    Berkshire Hathaway bought about $200 million of Occidental stock in recent days, bringing its stake to $12.7 billion  ( 22 min )
    Oracle Stock Nears 2021 Highs; Big Tech Firm Teams Up With Nvidia On AI
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    AT&T Is Spending Billions to Wire U.S. for Fast Internet as Rivals Take Different Path
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    We must fight back against end of home working, says Microsoft executive
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    Vintage sci-fi series The Twilight Zone told unsettling stories in which ordinary folks found themselves in outré situations and encountering exceptional circumstances. For Larry Adam, chief investment officer at Raymond James, given the “rapidly changing twists and turns we’ve seen in the global economy and the financial markets over the last few years,” it sometimes feels as if we have stepped into a modern-day iteration of the Twilight Zone. However, for those spooked by what does seem like a  ( 43 min )
    Applied Materials Sees Sales Drop as Chipmakers Pull Back Spending
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    Widowed husband sues driver, bars after DUI crash killed bride on wedding night
    The alleged drunk driver who police say slammed into newlyweds riding along a South Carolina beach road now faces a wrongful death lawsuit alongside several establishments accused of overserving her on the night of the crash, which killed the bride. Four bars gave “copious amounts of alcohol” to a “visibly intoxicated” woman, identified as Jamie Lee Komoroski, last month before she drove 40 miles over the speed limit into a golf cart carrying the couple away from their wedding reception, according to a new lawsuit filed May 17. The April 28 wreck killed Samantha Miller, 34, and injured the groom, Aric Hutchinson, and two other passengers.  ( 39 min )
    Applied Materials Beats Earnings and Revenue Estimates. The Stock Slips.
    Revenue came in at $6.63 billion for the quarter, above analysts’ expectations of $6.39 billion.  ( 22 min )
    Disney Ends Plans to Relocate Thousands of Employees to New Florida Campus
    The move comes as the entertainment company is cutting costs, reversing moves by its previous CEO and fighting with Florida.  ( 28 min )
    Teva to Slim Down Generic Drug Business in Turnaround Effort. The Stock Is Jumping.
    The new corporate strategy aims to deliver a “pivot to growth," the drugmaker said.  ( 23 min )
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    Elizabeth Warren: 'Very troubled' by First Republic sale to JPMorgan
    Senator Elizabeth Warren confronted regulators about a deal that made the nation's largest bank even bigger.  ( 41 min )
    Pennsylvania Farmer Behind $5 Trillion Trend Speaks Out: I Created A Monster
    Add up the market valuation of Apple Inc., all the cryptos in the world and entrepreneur Jeff Bezos’s fortune, and you get to over $3 trillion. But one 80-year-old man has created something bigger than all three of these combined. These days, he shuns the spotlight and lives on a modest farm in rural Pennsylvania. You would never guess the farm’s owner set in motion a $5 trillion force that grows each fortnight. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This  ( 40 min )
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    Palantir Stock Jumps After a Big Purchase by Cathie Wood’s Ark
    Shares of Palantir jumped 13% on Thursday, on pace to close at a fresh 52-week high. The move comes after innovation investor Cathie Wood's Ark Investment Management disclosed a large purchase of Palantir on Wednesday. The firm said it bought more than 900,000 shares of Palantir for its flagship  ( 25 min )
    Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted
    Charlie Javice, who has been accused of defrauding JPMorgan Chase & Co through her now-shuttered college financial aid company Frank, has been indicted over her relationship with the bank. A four-count indictment made public on Thursday in Manhattan federal court charges Javice with securities fraud, wire fraud, bank fraud and conspiracy.  ( 38 min )
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    This year did not start off great for many tech workers. After tens of thousands of layoffs in 2022, tech companies continued to shed workers in round after round of layoffs. Technology companies from Microsoft Corp. to Meta Platforms Inc. announced thousands of layoffs at the beginning of the year. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families A report from placement services firm Challenger, Gray & Christmas  ( 41 min )
    Nvidia Stock Rises After Oppenheimer and Susquehanna Lift Price Targets
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    Nasdaq Hits Highs As McCarthy Sees Path Ahead; Tech Leads The Charge
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    Hyundai, Kia agree to $200 million settlement over US car thefts
    Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles, lawyers for the owners and the automakers said on Thursday. In February, the Korean automakers said they would offer software upgrades to 8.3 million U.S. vehicles without anti-theft immobilizers to help curb increasing car thefts using a method popularized on TikTok and other social media channels. The settlement covers about 9 million U.S. owners and includes up to $145 million for out-of-pocket losses for consumers who had cars stolen, lawyers for the owners said.  ( 39 min )
    You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase
    People with health savings accounts (HSAs) got some good news this week when the IRS rolled out the largest contribution limit increases in history. In 2024, an individual with self-only coverage can save up to $4,150 in an HSA, while a … Continue reading → The post You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase appeared first on SmartAsset Blog.  ( 40 min )
    Carl Icahn admits he got bearish bet that cost $9bn wrong
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    Argenx Believes It Might Have 'One Of The Biggest Biologics' Ever — And Shares Are Soaring
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    Wall Street Fears $1 Trillion Aftershock From Debt Deal
    (Bloomberg) -- Looming behind market fears over the prospect of a historic US default is the less-discussed risk of what would follow a deal to resolve the debt-ceiling impasse.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyWall Street Fears $1 Trillion Aftershock From Debt DealMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsSam Zell, Billionaire Real Estate Investor, Die  ( 41 min )
    Electric Vehicles Are Draining Billions From Profitable ICE Legacy Automakers With Ford Projecting $3 Billion in Losses
    There's nothing cheap about developing, manufacturing, delivering and investing in the future of electric vehicles (EVs). Ford Motor Co. is finding this out the hard way — just the same as many other automakers — with the company's EV unit projected to lose about $3 billion in 2023. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Is It A Big Deal? A lot can be said for Ford's honesty with the public, its investo  ( 40 min )
    Sam Zell, business tycoon who drove the L.A. Times into bankruptcy, dies
    Known as 'the Grave Dancer,' Zell was an unlikely media baron when he purchased the Tribune Co.  ( 45 min )
    Feeding the Need for Speed: AT&T's Grand $42.5B Plan to Expand Fiber-Optic Reach
    AT&T Inc (NYSE: T) is expanding its fiber-optic cable network to deliver fast internet speeds for customers, including those without broadband presence. AT&T has tapped BlackRock, Inc (NYSE: BLK) and eyes government funding to accelerate the build-out to fund the extravagant expansion worth $42.5 billion as its debt load outstrips its annual revenue, the Wall Street Journal reports. AT&T and BlackRock have collectively invested $1.5 billion in the Gigapower venture so far. AT&T will serve as the  ( 39 min )
    Sam Zell, billionaire real estate investor, dies at 81
    Billionaire real estate investor Sam Zell has died at the age of 81, his real estate investment trust Equity Residential said in a statement on Thursday.  ( 38 min )
    Not enough resources for EVs to be only cleaner car option, Toyota says
    A lack of resources means battery electric vehicles (BEV) cannot be the auto sector's only answer to climate change, Toyota Motor Corp's top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles. Some investors and environmental groups have long criticised Toyota for being slow to embrace BEVs, saying it has lagged Tesla Inc and others amid growing global demand. The world's top automaker by sales has countered that BEVs are just one option and that gasoline-electric hybrids, such as its pioneering Prius, are a more realistic choice for some markets and drivers.  ( 39 min )
    Dow Jones Lags Big Tech After Walmart, Cisco Reports; Progressives To Biden: End Debt-Ceiling Talks, Invoke 14th Amendment
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    Analyst Downgrades 4 REITs In One Morning: Is Your Stock One Of Them?
    Nobody likes to begin Monday morning hearing bad news, but that’s what happened this week to investors when Wolfe Research analyst Andrew Rosivach downgraded four real estate investment trusts (REITs) to kick off the new market week. Analysts carry a lot of weight, and when one or more downgrades a stock, it can cause shares to drop by several percentage points in just a few days. For example, on March 23, Barclays Investment Bank analyst Anthony Powell downgraded SL Green Realty Corp. (NYSE: SL  ( 41 min )
    This CEO Just Bought Over $9 Million In Company Stock
    It’s often said that a company’s prospects can be predicted by stock purchases made by company insiders. Insiders may sell stock for any number of reasons, but purchases are only made because the insider expects to make a profit on shares down the road. Studies have shown that when the company insider is high up in the organization, such as the CEO or chief financial officer, a purchase of company stock is even more significant for future price performance than when a purchase is made by a direc  ( 40 min )
    Alibaba Shares Are a Bet on Spinoffs, Not Growth
    Renewed hopes that big spinoffs will soon unlock substantial value for shareholders will probably provide a lift to the company’s stock in the near term.  ( 25 min )
    Stocks mixed amid debt debate, Walmart earnings: Stock market news today
    Stock futures rose on Thursday as America's largest retailer surprised to the upside with its quarterly earnings report.  ( 39 min )
    Nvidia Stock Has Soared This Year. The Case for It to Rise Higher.
    The chip maker is at the center of the AI feeding frenzy, which is making Wall Street bullish ahead of its earnings.  ( 22 min )
    Move over Apple, Step launches 5% savings account
    Step, the digital banking service geared toward teens and young adults, is now offering a 5% rate on its savings accounts. There are no monthly fees and no minimum balance requirements on the Step accounts, and customers who open an FDIC-insured savings account with up to $250,000. “The direct deposit is to encourage people to utilize the full suite of Step products,” CJ MacDonald, co-founder and CEO of Step, told TechCrunch.  ( 38 min )
    Persistently high inflation is causing a split among Federal Reserve officials over next steps
    The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed's policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes beginning in March 2022. Many Fed watchers have expected the central bank's officials to forgo another increase in their benchmark rate when they next meet in mid-June. On Thursday, Lorie Logan, president of the Federal Reserve Bank of Dallas, said she believes that the economic data so far doesn't support a pause in the central bank's rate hikes next month.  ( 40 min )
    Netflix says ad tier has 5 million monthly active users: 'The signals are promising'
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    Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
    (Bloomberg) -- Alibaba Group Holding Ltd. will begin exploring initial public offerings for its logistics and grocery arms, kicking off a long-awaited breakup that may help reverse anemic growth at China’s cloud and online commerce leader.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballySingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is D  ( 41 min )
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    Some people are destined to always be known for one significant act, and whenever the name Michael Burry comes up, it’s obligatory to mention the Big Short, the book, and subsequent movie that detailed Burry’s exploits during the 2008 financial crisis. Betting against the housing market, Burry foresaw its collapse and pocketed huge profits. With the global economy once again appearing fragile, in recent times, Burry, who runs hedge fund Scion Asset Management, has periodically waded with forecas  ( 42 min )
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    EyePoint Pharmaceuticals Inc (NASDAQ: EYPT) has agreed to sell Yutiq (fluocinolone acetonide intravitreal implant) 0.18mg to Alimera Sciences Inc (NASDAQ: ALIM). Yutiq is a treatment for chronic non-infectious uveitis affecting the posterior segment of the eye. The FDA approved the treatment in October 2018. What Happened: Alimera will receive global rights to Yutiq outside of China, Hong Kong, Taiwan, Macau, and Southeast Asia, where Yutiq is exclusively licensed to Ocumension Therapeutics, and  ( 39 min )
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    It is possible to retire comfortably at 45 if you have $1.5 million. However, it's not guaranteed to work. And whether it will for you depends on a number of variables, only some of which you can control. Having to … Continue reading → The post Can I Retire Comfortably With $1.5 Million at 45? appeared first on SmartAsset Blog.  ( 40 min )
    High-earning millennials say making over $100k doesn’t always add up to a lot: ‘Are we getting by? Yes. But we’re not getting ahead.’
    "I recognize that I’m extremely privileged, but I still feel mounting pressure when it comes to our finances," says Kelly, 29.  ( 47 min )
    Dow Jones Futures Fall After Jobless Claims; Walmart Rallies On Earnings
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    Schwab Raises $2.5 Billion in Bonds to Shore Up Finances
    Shares of the financial broker have dropped 35% over the past three months.  ( 22 min )
    EUR/USD Price Forecast – Euro Continues to Drift Lower
    The euro continues to drift lower on Thursday, as the US dollar is getting a bit of a reprieve. Whether or not this is a simple pullback or a change of direction remains to be seen.  ( 39 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    GE finance chief Dybeck Happe to step down
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    Walmart raises full year outlook as first quarter sales top expectations
    Walmart reported sales that beat expectations and raised its full year forecast in its quarterly report Thursday morning.  ( 40 min )
    Alibaba Stock Rises On Earnings, Spinoff News. But Is BABA Stock A Buy Now?
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    Alibaba Outlines Units’ IPO Plans as It Splits Into Six Groups
    Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs, pushing forward with a plan to unlock the value of its businesses. Alibaba in March said it plans to [split itself into six independently run companies](https://www.wsj.com/articles/alibaba-to-split-into-six-se  ( 20 min )
    Walmart Lifts Guidance, Bucking Weaker Retail Trends. The Stock Is Rising.
    The retail giant reports adjusted fiscal first-quarter earnings of $1.47 a share on revenue of $152.3 billion.  ( 22 min )
    Chip Giant Embraces AI And Its Inner 'Zen' To Ignite New Buy Zone
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    Walmart Lifts Full-Year Outlook as Quarterly Sales Surge
    Sales from stores and digital channels operating for at least 12 months grew 7.4% in the quarter ended April 28.  ( 25 min )
    UPDATE 2-Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but still remains relatively muted amid a wobbly economic recovery. Earlier this year, Alibaba announced plans to restructure into six units, a move that follows a two-year regulatory crackdown on China's tech sector.  ( 38 min )
    Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. The 208.20 billion yuan ($30.12 billion) logged for the three months ended in March compares with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies last year, but even so remains relatively muted amid a wobbly economic recovery.  ( 38 min )
    Advisor: 'I Muffled My Screams Of Horror' After Client Asked This
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    Stocks to Watch Thursday: PacWest, Micron, Cisco, Walmart
    ↗️ PacWest (PACW) and Western Alliance (WAL): The regional banks jumped almost 7% and 5% respectively in early trading. That built on big rallies Wednesd  ( 18 min )
    Charles Schwab to raise $2.5 billion through debt offering
    Brokerage firm Charles Schwab Corp said on Thursday it was looking to raise up to $2.5 billion through a debt offering. The company will raise $1.2 billion through notes due 2029 and the rest via notes due 2034, it said. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Micron, Probed by China, to Get $1.5 Billion Funds From Japan for Next-Gen Chips
    (Bloomberg) -- Micron Technology Inc. is poised to land about ¥200 billion ($1.5 billion) in financial incentives from the Japanese government to help it make next-generation memory chips in the country, according to people familiar with the matter, the latest step in Tokyo’s effort to bolster domestic semiconductor production.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost  ( 41 min )
    The tide is turning in favour of the bond market
    Slack water. The brief moment when the tide is neither ebbing nor flowing and there’s an eerie calm. That’s how the bond market feels at the moment. A change of direction is imminent but we’re not quite there yet. It feels like an opportunity.  ( 40 min )
    These Stocks Are Moving the Most Today: Walmart, Alibaba, Cisco, Take-Two, and More
    Walmart and Alibaba are scheduled to report quarterly earnings on Thursday, shares of Cisco tumble after orders fall at the networking giant, and Take-Two Interactive signals that a strong pipeline of videogame titles will drive growth.  ( 23 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    Analysis-'Big money never buys cheap': Why investors are waiting on Japan
    As Japan's stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind its massive monetary stimulus. Riding a wave of buybacks and strong corporate earnings, and pumped up by a weak yen, the broad Topix index scaled peaks not seen since 1990 this week and the benchmark Nikkei, up more than 3% in four days, is near similar heights. Yet for many, the lofty milestones are a reminder that Japan's stocks have gone sideways for years, making many foreign asset allocators reluctant to venture into the market.  ( 40 min )
    4 big analyst cuts: Nu slashed at Citi, Futu gets 2 downgrades
    Here is your Pro Recap of the biggest analyst cut you may have missed since yesterday: downgrades for Nu, Futu, Magellan Midstream, and Intercept Pharmaceuticals. Citi downgraded digital banking platform Nu (NYSE:NU) to Neutral from Buy and cut its price target to $6.10 from $7.00, as reported in real time on InvestingPro. Futu (NASDAQ:FUTU) shares fell around 2% pre-market today after the company received downgrades from JPMorgan and Morgan Stanley following the announcement that the company is removing its app from China’s onshore app stores.  ( 39 min )
    Why is the US dollar so strong again?
    U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. One is that a range of worries - about the U.S. debt ceiling negotiations, the health of banks, and the global economy's outlook - are burnishing the dollar's safe-haven credentials. Meanwhile, there are some signs that the Fed may have to raise rates again, and that more technical factors to do with investor positioning are involved.  ( 40 min )
    Micron Outlines $3.6 Billion Investment in Chip Plant With Japan’s Backing
    The U.S. chip maker’s deal with Tokyo comes at a time of rising tension between Washington and Beijing over chip technology.  ( 25 min )
    Carl Icahn and Illumina Square Off Soon. The Stakes Are High.
    Icahn, who's also juggling an attack from a short seller and questions from prosecutors, is going after the CEO of the gene sequencing leader.  ( 23 min )
    'Clock has hit midnight': China loans pushing world’s poorest countries to brink of collapse
    A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.  ( 56 min )
    Marketmind: Get ready for the debt ceiling rally
    European shares look poised to rally after a wave of optimism that a U.S. debt ceiling deal could be reached as soon as the weekend, which lifted stocks on Wall Street and in Asia. Investors keyed in on an agreement between President Joe Biden and top congressional Republican Kevin McCarthy to negotiate a deal directly, with Biden cutting short an Asia trip to return to talks on Sunday. The air may be getting thin in some stock markets, particularly Japan's. The Nikkei came within 130 points of its highest since 1990 - back in the days of the "bubble economy" - after smashing through 30,000 a day earlier for the first time in 20 months.  ( 39 min )
    Hedge fund billionaire Steve Cohen tells investors to ride the 'big wave' of artificial intelligence and stop focusing on recession odds
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    Investors have pulled $8 billion from one specific part of the stock market in just 2 months on recessions worries and debt ceiling fears
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    Dow Jones Makes Bullish Move On Debt-Ceiling Deal Hopes. Here's What To Do Now.
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  • Open

    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden arrives in Japan for the G7 meeting and Cisco shares fall after reporting a second quarterly decline in orders. Here’s what investors need to know today.  ( 1 min )
  • Open

    What Is the Balance of Payments?
    Learn about the balance of payments and how it helps countries to track how much money is coming in and going out.  ( 24 min )
    Inflation and Interest Rates Relationship Explained
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    Financial Accounting Meaning, Principles, and Why It Matters
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    What Is an Amortization Schedule? How to Calculate with Formula
    Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time.  ( 32 min )
    What Is a B Corp? Advantages, Disadvantages, and Examples
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    Top CD Rates Today, May 18
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    5 Alternative Investments.
    Your investment portfolio should be diversified. Discover legitimate non-stock-market investment vehicles that may help you prosper.  ( 21 min )
    How to Buy Alternative Investments
    If you are looking to invest outside of stocks and bonds, opening an alternative investing account is a critical first step. Learn what you need to open an alternative investing account and how to do it.  ( 24 min )
    Why Private Market Real Estate Should Be Your Next Investment in 2023
    To help you determine whether private real estate investments are right for you, we’ve highlighted some of the key benefits of these unique assets.  ( 16 min )
    How Real Estate Can Serve As A Hedge Against Inflation
    With inflation on the rise, it's important to have the right investment strategy. Here’s why you should consider adding real estate to your portfolio.  ( 16 min )
    Dow Jones Today: Intel Pushes Index Higher
    Tech stocks Intel, Cisco, Salesforce help lead Dow higher, while P&G dives on a rating cut.  ( 16 min )
    How Investing in Real Estate Can Help Build a Portfolio
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    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 16 min )
    Home Equity Loan Fees vs. Mortgage Loan Fees
    Home equity loans generally have higher interest rates but lower closing costs and fees than mortgages, so it pays to shop around.  ( 22 min )
    Falling Economic Index Suggests Recession Ahead
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    Walmart Boosts Its Outlook as Profit and Sales Rise
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    Can Bitcoin Kill Central Banks?
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    How to Find Scholarships
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    As Broad Student Loan Relief Hangs in the Balance, Biden Has Already Forgiven $66 Billion
    While President Joe Biden’s controversial plan for broad student loan forgiveness has grabbed headlines, the administration has more quietly forgiven $66 billion for 2.2 million borrowers in specific situations.  ( 18 min )
    9 Tips for Growing a Successful Business
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    Naked Options Expose You to Risk
    Find out why these enticing options can spell trouble for your bottom line.  ( 23 min )
    Who Is Richard H. Anderson?
    Richard H. Anderson was CEO of Delta Air Lines during its merger with Northwest Airlines, and was most recently the CEO of Amtrak.  ( 22 min )
    Top Pharmaceutical Stocks for Q2 2023
    Aclaris Therapeutics, Collegium Pharmaceutical, and Intra-Cellular Therapies lead the industry in quarterly revenue growth  ( 21 min )
    Sales of Existing Homes Fell 3.4% in April
    Sales were down 23.2% from a year earlier.  ( 17 min )
    What Is a Secured Credit Card? How It Works
    A secured credit card is a type of credit card that is backed by a cash deposit, which serves as collateral should you default on payments.  ( 27 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 16 min )
    Today's Mortgage Rates & Trends - May 18, 2023: Rates Mostly Flat
    Rates for most mortgage types were flat to minimally up, though the 30-year averages inched up just enough to return to 7% territory for the first time in a month.  ( 17 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 17 min )
    Traveler's Check: What It Is, How It's Used, Where To Buy
    A traveler’s check is a once-popular—but now largely outmoded—exchange medium used in place of currency, often by people traveling abroad.  ( 23 min )
    Why Do So Many People Fall Behind on Their Taxes?
    Despite the threat of pursuit by possibly the most feared organization in the U.S., millions of Americans fail to pay their taxes on time.  ( 23 min )
    Top Challenges for Financial Advisors
    Managing expectations, communication, and industry-wide complexity are some of the top challenges financial advisors face today.  ( 23 min )
    Money Market Account vs. Savings Account
    Learn how money market and savings accounts differ, and why a depositor may choose a money market account over a savings account.  ( 22 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 16 min )
    The Power of Compound Interest: Calculations and Examples
    Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods.  ( 28 min )
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    Find out the major items and steps you need to know about, and plan for to complete your first tax return accurately and with confidence.  ( 22 min )
    Zoom Earnings Expected to Shrink as Return to Office, Competition Heat Up
    Video conferencing company Zoom is expected to say sales grew slower than ever before in the first quarter of the year, as the company struggles to find its footing after the work-from-home boom.  ( 17 min )
    New York Rent Reaches a Record High
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    Retail Banking vs. Corporate Banking Explained
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    Ackman, Hedge Fund Peers Veer Toward Tech, Troubled Banks
    High-profile investors veered toward technology stocks and troubled banks in the first quarter while generally reducing exposure to energy and value-oriented stocks.  ( 18 min )
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    Three Past Debt Limit Standoffs Ended Without a Default—This Time Could Be Different
    The government has narrowly averted disaster in three previous debt ceiling standoffs, but this time may be tougher.  ( 18 min )
    What Are the Main Types of Mortgage Lenders?
    Shopping for a mortgage lender can feel confusing and a little intimidating. Understanding the differences among the main types of lenders can help you narrow down the field.  ( 27 min )
    Conventional Mortgage or Loan
    A conventional mortgage is a homebuyer’s loan made through a private lender. Compared to Federal Housing Administration (FHA) loans, conventional loans tend to have higher interest rates.  ( 29 min )
    Flat Dollar
    A flat dollar is a fixed dollar amount charged for transactions, as opposed to an amount based upon a percentage of the transaction.  ( 18 min )
  • Open

    Walmart Boosts Its Outlook as Profit and Sales Rise
    Walmart's quarterly results beat analysts' forecasts, and the big retailer raised its guidance.  ( 1 min )
    American Airlines Recovery May Have Stalled in Q1
    American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 1 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 1 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 1 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 1 min )
  • Open

    Shell wil meer winst maken met zijn groene energietak en onderdelen afstoten
    De delen van Shell die zich richten op hernieuwbare energie, moeten meer geld opleveren, volgens bestuurders van het olie- en gasconcern. De minder succesvolle onderdelen willen ze afstoten.  ( 3 min )
    De graandeal is weer verlengd: waarom is dat belangrijk?
    Rusland en Oekraïne zijn het donderdag op het nippertje eens geworden over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Wat is de graandeal ook alweer? En waarom is-ie zo belangrijk?  ( 4 min )
    NU+ | Apple houdt zich afzijdig in de nieuwe AI-race: mist het bedrijf de boot?
    Google, Microsoft en OpenAI buitelen over elkaar heen om te laten zien wat er mogelijk is met hun AI. Maar wat zijn de plannen van Apple op het gebied van kunstmatige intelligentie? Het bedrijf van Tim Cook lijkt zich nog niet echt in de wedstrijd te mengen.  ( 4 min )
    Deutsche Bank schikt voor 75 miljoen dollar met slachtoffers Jeffrey Epstein
    Deutsche Bank gaat 75 miljoen dollar (70 miljoen euro) betalen aan slachtoffers van Jeffrey Epstein. Een misbruikslachtoffer van de overleden Amerikaanse zakenman had de Duitse bank aangeklaagd. Die zou misbruikpraktijken mogelijk hebben gemaakt door Epstein financiële diensten te blijven leveren.  ( 3 min )
    DekaMarkt stopt met boodschappen bezorgen
    Slecht nieuws voor mensen die graag boodschappen bestellen bij DekaMarkt. De supermarktketen stopt per 2 juni met het thuisbezorgen.  ( 2 min )
    Kabinet wil CO2 uit de lucht halen via ons afval, maar er zijn wel hindernissen
    Als het aan het kabinet ligt, gaan we via de verbranding van ons restafval grootschalig CO2 uit de lucht halen. Maar de afvalbranche heeft haar twijfels of het lukt om al in 2030 miljoenen tonnen CO2 onder de zee op te slaan.  ( 8 min )

  • Open

    Financier Rajeev Misra Is All Over WeWork Deal
    The financier, who retains a role at SoftBank, recently agreed through his new fund to provide the office landlord nearly $500 million of high-interest debt, putting him on two sides of the same deal.  ( 25 min )
    The federal government's bank account just saw a sharp drop in cash as the default deadline looms
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    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 9% or More
    “Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: ‘Insiders might sell their shares for any number of reasons, but they buy them for only one reason—they think the price will rise.’ Indeed, one of the best stock signals comes from corporate insiders, the company officers who hold positions of high responsibility – to their Boards, and to their peers, and to their shareholders and customers – for bringi  ( 43 min )
    Microsoft CMO tells employees the stock price is the ‘most important lever’ to get a pay raise after cashing out on $4.4 million worth of stock this month
    Microsoft CMO told staff that their best way to increase salary is to make the stock go higher, after selling $4.4 million worth of stock this month.  ( 40 min )
    Charles Schwab to raise $2.5 billion in long-term debt - WSJ
    Charles Schwab said it intends to use the net proceeds for "general corporate purposes", and did not disclose the pricing for the offering in its filing with the U.S. Securities and Exchange Commission. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co. LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Stocks moving in after-hours: Take-Two Interactive, Cisco
    These are the stocks moving in after-hours on Wednesday, May 17, 2023.  ( 39 min )
    Analysis-Elon Musk's embrace of advertising at Tesla grabs marketers' attention
    With Elon Musk outlining plans for Tesla Inc to use traditional advertising for the first time, viewers might see the electric-vehicle maker's Model Y crossover or upcoming Cybertruck pickup - maybe even the billionaire CEO himself - on TV or online. Musk revealed those plans on Tuesday at the company's annual meeting, an about-face for the celebrity executive who recently acquired social media platform Twitter. "We'll try out a little advertising and see how it goes," he told investors in Austin, Texas.  ( 41 min )
    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Synopsys Stock Rises As Chip Design Software Firm Delivers Beat-And-Raise Report
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    Schwab Taps Credit Markets To Raise $2.5 Billion In Debt
    The brokerage giant, under scrutiny this year, said in a filing it would use the proceeds for general corporate purposes.  ( 27 min )
    Cisco Gives Strong Sales Forecast In Sign Companies Are Still Spending on IT
    (Bloomberg) -- Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, gave a strong sales forecast for the current quarter, indicating some customers remain committed to upgrading their corporate technology infrastructure.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify  ( 39 min )
    Cisco Earnings Top Estimates As The Company's Outlook Edges By Views
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    Cisco's orders hit by sluggish demand, shares fall
    Cisco Systems Inc beat third-quarter revenue estimates on Wednesday as easing supply hurdles helped the company clear order backlogs for its networking gear. The company posted revenue of $14.57 billion in the quarter, compared with analysts' estimates of $14.39 billion, according to Refinitiv.  ( 38 min )
    California Mutual Fund Manager Gets Four Years in Prison in $106 Million Fraud
    (Bloomberg) -- A California mutual fund manager was sentenced to four years in prison for defrauding investors whose $106 million he said would be put in US Treasury bills and other safe assets but was instead lost in much riskier investments.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsThe $120 Million Ghost Ship Antigua Is Desperate  ( 38 min )
    Billionaire Investor Stanley Druckenmiller Warns Of 'Biggest And Probably Broadest Asset Bubble' — Here's How He's Preparing For 'The Grand Finale'
    By increasing borrowing costs and reducing liquidity, interest rate hikes have the potential to cool asset bubbles. But despite the Federal Reserve’s aggressive rate hikes, billionaire investor Stanley Druckenmiller doesn’t believe the bubble has dissipated. “I’m sitting here staring in the face at the biggest and probably the broadest asset bubble — forget that I’ve ever seen, but that I’ve ever studied,” he said at the 2023 Sohn Investment Conference. “It went on for 10 or 11 years and then it  ( 39 min )
    Meta and Nvidia Shares Are Soaring
    A pair of tech stocks are seeing growth in the triple digits this year. Meta Platforms (META) is up 102% this year, on pace for its best year since 2013, when it rose 105%, according to Dow Jones Market Data. Nvidia (NVDA) has gained 105% so far this year, and is on pace for its best year since 20  ( 22 min )
    AB InBev stock drops as analysts look for 'stabilization' in Bud Light sales declines
    An Instagram post during March Madness apparently set off Kid Rock — and began a long six week PR nightmare for Bud Light which has dragged down sales sharply.  ( 40 min )
    GE Soars 55% As 93% Growth Outlook Powers Bellwether Stock
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    Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
    (Bloomberg) -- A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the government will be able to make it until mid-June tax payments, potentially dashing hopes for a late-summer deadline. Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsMercedes Sets Out to Make S  ( 40 min )
    Stocks Climb After Biden Speaks on Debt Ceiling
    Markets picked up steam after President Joe Biden said Wednesday he was “confident” that he and congressional leaders will come to an agreement to avoid the first ever U.S. government default.  ( 25 min )
    Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax
    (Bloomberg) -- Sanjay Shah, a hedge-fund trader accused of masterminding a massive tax fraud, lost an appeal at a Dubai court over an order to pay the Danish authorities more than 8.5 billion krone ($1.24 billion).Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify as Biden Set to Depart for JapanThe Court of Cas  ( 38 min )
    Billionaire Paul Tudor Jones Pours Millions Into These 2 Stocks Amid Recession Fears
    The assumption among most financial prognosticators is that a recession is most likely on the way, and one prominent name agrees it’s all but inevitable. Legendary investor Paul Tudor Jones sees a recession coming and even has an idea of when it will hit. The Tudor Investment Corp founder and billionaire expects a recession will come into play this fall, mainly as a result of the surge in debt and asset prices in recent years. Such activities are usually followed by an economic downturn. “Histor  ( 41 min )
    Alibaba’s Earnings Come at a Critical Time. Watch for Split-Up News, China’s Recovery.
    Beyond the numbers, Alibaba earnings may hold more details on the group's plans to split itself up, as well as key trends about the Chinese consumer.  ( 23 min )
    Hot Chip Stock Rambus Is Breaking Out, Fueled By AI, Network Product Rollout
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    Pfizer, Amgen, and 7 More Cheap Healthcare Stocks for Investors to Consider
    The stocks our screen found are cheap, relative to highfliers like Eli Lilly, and many are cheap for a reason.  ( 23 min )
    Half of Americans Won't Be Able to Afford Their Standard of Living in Retirement: Here's What You Can Do
    Will you have to downsize in your retirement? Many families plan to adjust their lifestyles in retirement. They swap the family house, say, for a smaller home. Or they move to a less expensive community. When this is a choice, … Continue reading → The post Half of Americans Won't Be Able to Afford Their Standard of Living in Retirement: Here's What You Can Do appeared first on SmartAsset Blog.  ( 42 min )
    Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire?
    When entering retirement, would it be best to transfer your pension fund and 401(k) from your employer account to your own personal individual retirement account (IRA), keeping them under one roof? -Randy There are a couple of things to be … Continue reading → The post Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire? appeared first on SmartAsset Blog.  ( 39 min )
    Stocks rise as earnings, debt-ceiling talks stay in focus: Stock market news today
    Stocks opened in recovery mode Wednesday following Tuesday’s selloff as investors remain hopeful that the debt-ceiling talks will produce a breakthrough.  ( 40 min )
    AI Is Reshaping Jobs. Here Are the Companies to Watch.
    Researchers found that companies with the greatest exposure to generative AI could see higher cash flows, lower labor costs, and greater market valuations.  ( 22 min )
    These Lithium Stocks Are Near Buy Points With SQM Earnings Due
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    Apple Thwarts $2B In Fraud Transactions, UBS Takes $17B Hit From 'Hasty Credit Suisse Takeover,' Verizon Streamlines Unlimited Data Plans: Today's Top Stories
    Benzinga Apple Thwarts $2B In Fraud Transactions — But Third-Party App Store Debate Rages On On Tuesday, Apple announced that its App Store thwarted potential fraudulent transactions amounting to over $2 billion in 2022, alongside rejecting approximately 1.7 million app submissions for failing to meet the privacy and security standards of the app marketplace. The company underscored that it safeguarded users from almost 57,000 questionable apps from unofficial stores lacking the same inherent pr  ( 41 min )
    Tesla Stock Rises After Annual Meeting. There Are a Couple Reasons for That.
    Wall Street seems most excited about new products and advertising coming out of Tesla's 2023 annual meeting of shareholders, held Tuesday evening in Austin, Texas.  ( 23 min )
    Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security
    There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 40 min )
    Verizon Streamlines Unlimited Data Plans, Looks At Competitive Pricing
    Verizon Communications Inc (NYSE: VZ) is pruning the cost and number of its wireless plans to simplify customers' options amid cutthroat competition. It is reducing its lineup of unlimited mobile plans from six to two. It is dropping its most expensive data plans, the Wall Street Journal reports. For four lines, Verizon's two new mobile plans, Unlimited Welcome and Unlimited Plus will be available at a monthly price of $30 a line and $45 a line, respectively. For a single line, the cost would be  ( 39 min )
    Western Alliance leads regional bank stocks higher
    The Phoenix bank said its deposits rose again last week, boosting optimism in other regional lenders.  ( 39 min )
    FDA Signals Support For Pfizer's Maternal RSV Shot Ahead Of Adcomm, Pfizer Raises $31B In Debt To Fund Seagen Deal
    Pfizer Inc (NYSE: PFE) plans to raise $31 billion from a debt offering to finance its proposed acquisition of Seagen Inc (NASDAQ: SGEN) for $43 billion. The debt offering, which would be in eight tranches, is expected to close on May 19. Pfizer expects Seagen could contribute more than $10 billion in risk-adjusted revenues in 2030, with potential significant growth beyond 2030. Tuesday, Seagen shares came under pressure after the U.S. Federal Trade Commission announced to sue to stop Amgen Inc's  ( 39 min )
    Meta, Alphabet Poised to Get Knocked Out of Value Index
    A big reshuffling is coming to the stock market next month: Index provider FTSE Russell will be rebalancing its stock benchmarks, a move that typically ripples through trillions of dollars in investments. Meta and Google-parent Alphabet are poised to get kicked out of the Russell 1000 Value Index,  ( 19 min )
    2 “Strong Buy” Penny Stocks With Over 400% Upside on the Horizon
    In Kenny Rogers’ iconic song “The Gambler,” he sang, “Every hand’s a winner and every hand’s a loser…” These words hold valuable wisdom that every investor should remember. Regardless of your chosen strategy, successful stock investing ultimately boils down to mastering the art of balancing risk and reward. There are few stock segments that offer a higher return potential for the risk involved than the penny stocks, those equities priced at $5 or less. These are stocks with a truly rock-bottom c  ( 42 min )
    Regional Bank Stocks Are in the Green
    Western Alliance Bancorp (WAL) stock jumped after the bank said its deposits had grown in the current quarter, sparking gains across other regional bank stocks. In premarket trad  ( 22 min )
    Bitcoin’s Correction Deepens. Prices Could Be Headed to These Levels.
    Bitcoin breached $30,000 last month, marking the peak of a huge rally so far this year. But it has since corrected, with declines accelerating this week.  ( 22 min )
    Are You Actually Part of the American Middle Class? Find Out
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    How Many Americans Retire With a Million Dollars?
    Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 42 min )
    How to Stop Nursing Homes From Taking Your Life Insurance From a Beneficiary
    A lengthy nursing home stay can be expensive, and if you don't qualify for Medicaid, you may need to draw down your assets to pay for it. You may choose to leave a life insurance policy behind to help your … Continue reading → The post Can Nursing Homes Take Your Life Insurance From Your Beneficiary? appeared first on SmartAsset Blog.  ( 41 min )
    IMF's Gopinath sees 'sizeable' upside inflation risks, says markets too optimistic
    The International Monetary Fund's no. 2 official said on Wednesday she sees sizeable risks that inflation will remain high or accelerate in many emerging markets and urged central banks to keep monetary policies tight. IMF First Deputy Managing Director Gita Gopinath told a conference hosted by the Central Bank of Brazil that markets were probably "too optimistic" about what it would take to bring down inflation in emerging markets. "Despite encouraging signs, I am worried that price pressures seem entrenched in many economies and that upside inflation risks are sizeable," she said in remarks prepared for the event.  ( 38 min )
    Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll
    The U.S. Federal Reserve will hold its key interest rate steady this year despite an expected recession, according to a Reuters poll of economists, who also said the risk of a U.S. default over the debt ceiling was higher compared to prior stand-offs. Those concerns, along with failures of some regional banks, led markets to price in at least a 50 basis point cut by end-2023, an expectation that gained momentum after policymakers signaled a pause to the rate hiking campaign at the May 2-3 meeting. However, U.S. central bankers reiterated the federal funds rate would stay high or could go even higher, not lower, despite 34 of 46 respondents to an additional question in the May 11-16 Reuters poll predicting a U.S. recession in 2023.  ( 40 min )
    AI News: Artificial Intelligence Trends And Leading Stocks
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    Growth Stocks Are Back — Analysts Like These 8 The Best
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    San Francisco fire sale: downtown high rise selling at a 73% discount
    A high rise office building in San Francisco's financial district is being sold for significantly lower than what it had been valued at a few years ago, the San Francisco Business Times reported.  ( 39 min )
    These Stocks Are Moving the Most Today: Tesla, Target, Western Alliance, Doximity, EVgo, Keysight, and More
    Tesla CEO Elon Musk tells shareholders the electric-vehicle company would try running some advertisements, Target's adjusted earnings top estimates, Western Alliance issues a deposits update, and Doximity's revenue forecast misses expectations.  ( 23 min )
    Dynatrace Stock Jumps On Earnings Beat, Fiscal 2024 Guidance
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    Analyst Report: Avalonbay Communities Inc.
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    Analyst Report: Occidental Petroleum Corp.
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    Daily Spotlight: Oil Prices Stuck Below Recent Highs
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    Market Digest: AVB, DVN, OXY, OTIS, ABNB
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    Pfizer Prices $31 Billion Debt Offering to Fund Seagen Acquisition
    Pfizer's acquisition of cancer-focused biotech Seagen, announced in March, would be its biggest since 2009. The deal faces risks.  ( 22 min )
    Daily – Vickers Top Insider Picks for 05/17/2023
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    Daily – Vickers Top Buyers & Sellers for 05/17/2023
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    Target earnings beat but company warns on current quarter, calls out cautious consumer
    Target hits and misses in its first quarter earnings report.  ( 40 min )
    Target CEO: We're seeing 'violent' incidents in our stores and it's costing us millions
    Target execs call attention to a major problem they are having in their stores.  ( 40 min )
    Bitcoin’s Correction Deepens. It Could Be Headed to These Levels.
    Bitcoin breached $30,000 last month, marking the peak of a huge rally so far this year. But it has since corrected, with declines accelerating this week.  ( 22 min )
    Elon Musk says the ‘laptop class’ needs to ‘get off their moral high horse’ when it comes to remote work
    Musk argued that professional workers were being unfair in asking to work-from-home while factory and service workers still had to work in-person.  ( 41 min )
    EV maker Fisker is exploring collaboration with other companies, CEO says
    Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker said on Wednesday. All three companies are still relatively small and are launching new product lines as larger rivals such as Tesla Inc, China's BYD and established global automakers are battling for sales by cutting prices. Fisker said the EV startup has 65,000 reservations for its Ocean SUV, which is being launched from a factory in Austria operated by a unit of Magna International Inc.  ( 39 min )
    Yuan Slides Past Seven in New Warning Sign for China’s Economy
    (Bloomberg) -- The yuan slid past the 7 per dollar level for the first time since December as disappointing Chinese economic data this week prompted calls for more policy easing.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire Sergey Brin  ( 40 min )
    Western Alliance Gains on Deposit Growth. PacWest, Regional Banks Stocks Are Rising.
    Western Alliance said its deposits had grown by more than $2 billion in the second quarter so far.  ( 22 min )
    Drugmakers eye $23 billion biotech Argenx ahead of key trial data
    (Bloomberg) -- European biotech firm Argenx SE is scheduled to release key drug trial data this summer. Deal-hungry Big Pharma is closely watching.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterHere’s How Much Wealth You Need to Join the Richest 1% Glo  ( 41 min )
    Guess how much big pharma paid in US taxes on $110 billion of profit in 2022
    Contrary to the myth, Americans pay quite a lot of taxes. In 2022, for instance, employees paid an average tax rate of 24.8%, or 0.2% more than in comparable countries. US federal taxes on individual income can be as high as 37%.  ( 40 min )
    JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming
    (Bloomberg) -- A US recession is a virtual certainty and the Federal Reserve may lower interest rates by the third quarter as growth loses momentum, according to JPMorgan Asset Management. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanHere’s How Much Wealth You Need to Join the Richest 1% GloballyGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire S  ( 40 min )
    UBS says it was rushed into unwanted Credit Suisse rescue merger
    UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift action, a regulatory filing showed. UBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence given the "emergency circumstances". Credit Suisse's involvement in a series of corporate collapses spooked clients who began withdrawing their money, a trend that accelerated when U.S. bank failures sparked fear of a broader banking crisis.  ( 39 min )
    Commerzbank doubles quarterly profit, helped by higher interest rates
    Germany's Commerzbank said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by higher interest rates. Analysts had on average expected profit of 481 million euros, according to a consensus forecast published by Commerzbank. The bank said it sees "upside potential" in net interest income this year.  ( 38 min )
    Siemens raises full year outlook after 2nd quarter sales beat
    Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The maker of products ranging from trains and industrial software now expects comparable revenue growth of 9% to 11% in the 12 months to the end of September, up from its previous view for an increase of 7% to 10%. Siemens also expects to increase its underlying basic earnings per share to a range of 9.60 euros to 9.90 euros, up from the 8.90 euros to 9.40 euros it said it expected in February.  ( 38 min )
    Cisco Systems Reports Earnings Today. It’s All About Orders.
    When Cisco Systems reports financial reports after the close Wednesday, the focus is going to be not on revenue and profits, but instead on orders.  ( 22 min )
    Mohamed El-Erian says regional banks are in a 'hospital' phase of turmoil, but a Fed policy mistake will drive them 'back into the ICU'
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    Vietnam EV maker VinFast sees sales boom, path to breakeven
    Vietnam's electric automaker VinFast expects to break even by the end of 2024, its founder said on Wednesday. Vinfast will also launch an EV-pickup truck and a city or "mini car" as future models, Pham Nhat Vuong, chairman of conglomerate Vingroup and founder of its auto unit VinFast, told investors at the company's annual general meeting. VinFast said earlier this month that it would list in the United States via a merger with a special purpose acquisition company (SPAC) Black Spade Acquisition Co.  ( 38 min )
    RH stock plunges 8% after Warren Buffett's Berkshire Hathaway dumps its entire stake in the home furnishings company
    RH CEO Gary Friedman has been a fan of Warren Buffett, having quoted him often during company earnings calls over the years.  ( 39 min )
  • Open

    Target's Profit and Revenue Rise Despite Inflation Impact
    Target's first quarter profit and revenue exceed estimates even as inflation led consumers to shift their shopping habits away from higher-priced discretionary products.  ( 1 min )
    OpenAI to Update ChatGPT With Internet Access
    OpenAI adds a web browser for paid ChatGPT users and plugins that expand access to commercial services.  ( 1 min )
  • Open

    Markets Advance on Optimism About Debt Limit Talks, Regional Banks
    The Dow, S&P 500, and Nasdaq jumped more than 1% on Wednesday, May 17, 2023 as debt limit talks advanced and regional bank shares rose.  ( 1 min )
    Pfizer's Bond Sales Ranks Among Largest Ever
    Pfizer's $31 billion bond sale ranks among the largest ever, but it's still only half the size, adjusted for inflation, of Verizon's mammoth 2013 deal.  ( 1 min )
    Western Alliance Shares Soar on Deposit Surge
    Western Alliance Bancorporation (WAL) shares are soaring after the struggling regional bank said deposits have jumped so far this quarter, which also boosted shares of other regional lenders.  ( 1 min )
    5 Things to Know Before Markets Open
    House Speaker Kevin McCarthy said a debt ceiling deal could be ready by the end of the week and Target’s earnings show that consumers are buying more necessities and fewer discretionary items. Here’s what investors need to know today.  ( 1 min )
  • Open

    Oudere Surinaamse Nederlanders krijgen 5.000 euro voor gat in AOW
    Het kabinet wil een groep ouderen van Surinaamse afkomst die onvolledige AOW ontvangen, een tegemoetkoming geven van 5.000 euro per persoon. Dat schrijft pensioenminister Carola Schouten aan de Tweede Kamer. Het gaat om een groep van ruim 30.000 mensen.  ( 4 min )
    200 basisscholen verleiden leraren tot extra werkuren met bonus of vrije dagen
    Om het personeelstekort in het onderwijs het hoofd te bieden, proberen basisscholen leraren te verleiden om meer uren te draaien. Het idee is dat ze hier sneller toe bereid zijn als daar een financiële bonus, extra vrije dagen of een plek bij de kinderopvang tegenover staat. 200 scholen doen mee aan dit overheidsexperiment.  ( 5 min )
    UWV in beroep tegen uitspraak dat asielzoeker meer dan 24 weken mag werken
    Het UWV gaat met het ministerie van Sociale Zaken en Werkgelegenheid (SZW) in hoger beroep tegen de uitspraak van de rechter dat een asielzoeker meer dan 24 weken mag werken.  ( 4 min )
    Basisscholen verleiden leraren tot extra werkuren met bonus of vrije dagen
    Om het personeelstekort in het onderwijs het hoofd te bieden, proberen scholen leraren te verleiden om meer uren te laten draaien. Idee is dat ze hier sneller toe bereid zijn als daar een bonus, in geld, extra vrije dagen of een plek bij de kinderopvang tegenover staat. 200 scholen doen mee aan dit overheidsexperiment.  ( 5 min )
    Graandeal Rusland en Oekraïne op het nippertje twee maanden verlengd
    Rusland en Oekraïne zijn akkoord over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Dat hebben de twee landen bevestigd nadat de Turkse president Recep Tayyip Erdogan het eerder op woensdag al meldde.  ( 3 min )
    Overheid in beroep tegen uitspraak dat asielzoeker meer dan 24 weken mag werken
    Het UWV gaat met het ministerie van Sociale Zaken en Werkgelegenheid (SZW) in hoger beroep tegen de uitspraak van de rechter dat een asielzoeker meer dan 24 weken mag werken.  ( 4 min )
    Turkije meldt verlenging graandeal tussen Rusland en Oekraïne
    Rusland en Oekraïne zijn akkoord over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Dat meldt de Turkse president Recep Tayyip Erdogan woensdag.  ( 3 min )
    Nieuwste Legend of Zelda-computerspel snelst verkopende Nintendo-game ooit
    De nieuwe game The Legend of Zelda: Tears of the Kingdom is in drie dagen tijd tien miljoen keer verkocht. Volgens Nintendo is het de snelst verkopende Nintendo-game ooit in zowel de Benelux als in Europa.  ( 3 min )
    KLM-reizigers krijgen bij boeking ook keuze voor non-binair als aanspreekvorm
    Klanten van KLM die liever niet als man of vrouw aangesproken willen worden, kunnen dat voortaan aangeven bij hun boeking. Ze kunnen aangeven dat ze zich identificeren als non-binair of ervoor kiezen de aanspreekvorm helemaal weg te laten. Dan noemt de luchtvaartmaatschappij de passagiers gewoon bij hun naam.  ( 3 min )
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    Het geld dat het kabinet gebruikt om de arbeidsmarkt te stimuleren, heeft amper effect. De subsidies moeten zorgen voor meer IT'ers en stages in de zorg, maar dat doen ze volgens de Algemene Rekenkamer niet. Daarnaast ligt bij het omscholingsbudget STAP misbruik op de loer.  ( 4 min )
    Inflatie in Europese Unie zakt verder, maar Nederland beweegt niet mee
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    Elektrische auto's steeds populairder in Nederland, vraag in EU blijft achter
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    Supermarkten zouden zich schuldig maken aan graaiflatie. Daarbij stijgen de prijzen onnodig harder dan de kosten. Hoe zit dat precies?  ( 3 min )
  • Open

    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Best Day Trading Platforms of 2023
    Looking for somewhere to trade actively? We reviewed the best day trading platforms based on execution speed, ease of use, pricing, reliability, and customer service.  ( 30 min )
    What Is a Credit Score? Definition, Factors, and Ways to Raise It
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    Hospital Insurance Trust Fund: Medicare Part A
    The hospital insurance trust fund is Part A of Medicare, the United States health insurance program for those 65 and older.  ( 21 min )
    Dow Jones Today: Index Jumps on Debt Talk Hopes
    Home Depot and Boeing help lead the Dow more than 400 points higher, while Intel continued its losing streak  ( 16 min )
    What Is a Broad-Based Index, and What Are Some Broad Index Funds?
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    Markets Advance on Optimism About Debt Limit Talks, Regional Banks
    The Dow, S&P 500, and Nasdaq jumped more than 1% on Wednesday, May 17, 2023 as debt limit talks advanced and regional bank shares rose.  ( 16 min )
    Bank Letter of Credit Policy Definition
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    Target's Profit and Revenue Rise Despite Inflation Impact
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    Rehabilitation Credit (Historic Preservation)
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    More Than Half of Gen Z and Millennials Say They Live Paycheck to Paycheck
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    Pfizer's Bond Sale Ranks Among Largest Ever
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    10 Key Questions To Ask Your Financial Advisor
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    Look-Alike Contracts Definition
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    OpenAI to Update ChatGPT With Internet Access
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    How to Get a Mortgage in Your 20s
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    Capital One CD Rates: May 2023
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    Chase CD Rates: May 2023
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    Albanian Lek (ALL) Definition
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    You Can Beat Inflation With a CD for the First Time in Years
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    How To Find the Best Mortgage Rates
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    Credit Card Rental Car Insurance: What Is It and How Does It Work?
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    Tether to Spend Millions on Bitcoin to Diversify USDT Reserves
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    Residential Mortgage-Backed Security: Defined, Pros & Cons
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    Western Alliance Shares Jump on Deposit Surge
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    Top Financial Stocks for May 2023
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    Mortgage Applications Declined Last Week
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    Home Possible Mortgage Definition
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    Ripple Buys Swiss Crypto Startup Amid US Regulatory Uncertainty
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    How Mastodon Makes Money
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    Which FICO Scores Do Lenders Use?
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    Fannie Mae: Loans, Rules, and Programs
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    Most Americans Want to Cut Out the Tax Preparer Middleman
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    Walmart Earnings Expected to Rise as Consumers Spend More on Necessities
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    Today's Mortgage Rates & Trends - May 17, 2023: Rates Edge Higher
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    US Inflation Rate by Year: 1929-2023
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    Top Reasons Why Advisors Should Go RIA
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  • Open

    Wall Street's Biggest Banks Face a Harsh Reality Check in China
    (Bloomberg) -- More than three years after China’s grand financial opening, it’s becoming clear to Wall Street giants that their dreams of windfall profits from the $60 trillion market are more elusive than ever.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanHere’s How Much Wealth You Need to Join the Richest 1% GloballyGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks La  ( 43 min )
    Dow Jones Breaks Support As President Biden Makes This Debt-Ceiling Move; Elon Musk Says Tesla Will 'Try' This
    No content preview
    Warren Buffett and J.P. Morgan Have One Thing in Common: They Both Like These 2 Stocks
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    Warren Buffett sells stakes in two banks, buys into Capital One
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    In his first public appearance since SVB’s collapse, former CEO Greg Becker is asked to defend trip to Hawaii and whether he’ll forfeit $1.5 million bonus
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    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
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    Tesla shareholder meeting: Straubel elected to board; Musk reiterates 'production Cybertrucks' coming this year
    Tesla held its annual shareholder meeting after the bell on Tuesday, with the company dealing with a variety of items like board composition, shareholder votes on various measures, long-term planning and the return of a former Tesla exec as a new board member.  ( 40 min )
    Short seller Jim Chanos scoffs at former SVB boss's suggestion that the Fed's sharp policy shift toppled the bank
    Famed short seller Jim Chanos scoffed at remarks made by Silicon Valley Bank's ex-CEO that a sharp policy shift by the Fed had brought the bank down.  ( 39 min )
    These 5 Fastest-Growing Companies Still Expect 35% To 165% Profit Growth
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    Elon Musk Teases New Tesla Product While Warning About Near-Term Economic Challenges
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    New York Community Bancorp Shares to Be Sold by the FDIC
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    Dow Jones Losses Worsen As McCarthy Jabs Biden Over Debt Ceiling; Warren Buffett Buys This Bank Stock
    No content preview
    Couples Can Soon Put Over $10,000 a Year Into Health Savings Accounts
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    US officials remove key obstacle to Thacker Pass lithium project
    The U.S. Interior Department on Tuesday removed one of the last remaining obstacles to Lithium Americas Corp's Thacker Pass mine project in Nevada by finding nearly all of the site contains the metal used to make electric-vehicle batteries. The opinion from the department's solicitor comes amid an acrimonious debate about whether more U.S. mines should be built to produce lithium and other green energy transition metals. A federal judge in February rejected claims that the Thacker Pass project would cause unnecessary harm to the environment, but ordered officials to study whether roughly 1,300 acres (530 hectares) at the site where Lithium Americas hopes to store waste rock - a byproduct of the mining process - contained the metal.  ( 39 min )
    Billionaire Stanley Druckenmiller's family office pumps a combined $430 million into Nvidia and Microsoft stocks in big, bold AI bets
    No content preview
    GE, Ikea, Home Depot defeat University of California bid for light bulb import bans
    A group of companies including General Electric Co, Ikea Supply AG and Home Depot Inc on Tuesday defeated a request by the University of California for a U.S. appeals court to block imports of light bulbs that allegedly infringe its patents. The U.S. Court of Appeals for the Federal Circuit affirmed the U.S. International Trade Commission's decision that the companies' light bulbs did not include a key element of the university's patented technology. Home Depot declined to comment.  ( 39 min )
    Dow Jones Leader Salesforce, Chip Giant AMD Lead 4 Stocks In Or Near Buy Zones
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    Along With Its Turnaround Plan, 3M Needs To Evolve
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    The Patent That Helped Vanguard Clients Pocket Big Gains Expires
    (Bloomberg) -- The patent that’s given Vanguard Group an edge over competitors for the past 20 years — and helped its clients pull in more than $100 billion worth of additional investment gains — expired today. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year  ( 39 min )
    Bosses are freaked out you’re working 2 jobs—and remote work and AI have let the cat out of the bag
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    Americans have had a sudden change of heart about buying a house, and only 1 in 5 think it’s a good idea
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    Pfizer Gathers $85 Billion in Orders for Its Jumbo Bond Sale
    (Bloomberg) -- Pfizer Inc. is in the US high-grade bond market with a jumbo offering that’s lining up to be one of the largest ever sold. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year HistoryTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffThe  ( 40 min )
    Analyst Report: BCE Inc
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    Analyst Report: Intercontinental Exchange Inc
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    A Japanese millennial could soon be a billionaire after shares of his AI-powered matching service for companies surged nearly 50% this year
    The net worth of Shunsaku Sagami, the founder, and CEO of M&A Research Institute Holdings, touched $950 million on Tuesday.  ( 39 min )
    David Einhorn's Greenlight Capital snapped up 2 regional banking stocks during last quarter's turmoil
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    Broadcom Poised For More Growth; Decision On $61 Billion Bid For Cloud Play Looms
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    No content preview
    Average CD Rates Rise Again, But Is the Party Almost Over?
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    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
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    Wall Street is watching for signs of movement in the debt-ceiling impasse, with a meeting between President Joe Biden and House Speaker Kevin McCarthy set for Tuesday afternoon in Washington.  ( 41 min )
    Nvidia’s Market Cap Is Now Bigger Than Berkshire Hathaway’s. Credit AI.
    The chip maker currently has a market cap of $722 billion, outpacing Berkshire's $709 billion.  ( 23 min )
    Warren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of Coke a Day — That's What Makes Him One of the Greatest Investors of All Time
    Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of Oracle of Omaha. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Many of his investing strategies are known, but there is one that is often overlooked yet incredibly important. It’s a lot more prevalent in the s  ( 41 min )
    Two Activists Took Alphabet Stakes. What It Says About the Stock.
    Dan Loeb and Bill Ackman just disclosed new positions in Google-parent Alphabet.  ( 22 min )
    ‘Wall Street is Bracing For Something Bad to Happen,’ Analyst Says
    “US stocks are declining after Home Depot delivered a downbeat outlook for the retail consumer and Speaker McCarthy said debt ceiling negotiations have had no progress,” wrote Edward Moya, senior market analyst at OANDA. “Wall Street is bracing for something bad to happen, but no one has an idea on  ( 23 min )
    Nasdaq Led By AMD, Alphabet, and Amazon.com
    The Nasdaq Composite ticked 0.2% higher midday Tuesday, while the Dow and S&P 500 stayed in the red. Several tech stocks were bolstering that lift, including Advanced Micro Devices (ticker: AMD), up 4.6%, Alphabet (GOOGL, GOOG), gaining 2.8% and 2.6%, respectively, Amazon.com  ( 22 min )
    FTC sues to block Amgen's $28B acquisition of Horizon Therapeutics
    FTC is suing Amgen to block its potential $28B acquisition of Horizon Therapeutics  ( 40 min )
    CEO of Failed Silicon Valley Bank Accused of Claiming 'The Dog Ate My Homework'
    Silicon Valley Bank's former CEO is getting pushback from lawmakers about his explanation for why the bank failed in March. Here's what Senate Banking Committee Chairman Sherrod Brown (D., Ohio) said to Greg Becker: "Mr. Becker, [your version of events](https://www.banking.senate.gov/imo/media/d  ( 25 min )
    Warren Buffett buys another $127 million worth of Occidental Petroleum stock
    Investor Warren Buffett's company bought another $127 million worth of Occidental Petroleum stock over the past week to give Berkshire Hathaway 213.9 million shares of the oil producer. Berkshire's latest filing with the Securities and Exchange Commission late Monday showed that it had bought another 2.2 million Occidental shares. Buffett's Omaha, Nebraska-based conglomerate controls 23.8% of Occidental's stock and holds warrants to buy another 83.9 million shares for $59.62 apiece, but the billionaire recently told shareholders that he has no plans to buy the entire company.  ( 39 min )
    Cutthroat Oil Competition Threatens US Quest to Refill Strategic Reserves
    (Bloomberg) -- Stiff global competition for sour crude oil is threatening to complicate the Biden administration’s plan to buy up to 3 million barrels to refill the depleted US Strategic Petroleum Reserve.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffGoogle Billionaire Sergey Brin Gifts $600 Million in Surging S  ( 38 min )
    Is Palantir Stock A Buy On Its Artificial Intelligence Prospects In May 2023?
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    Verizon Cuts Number of Unlimited Data Plans It Offers From Six to Two
    The wireless carrier’s new consumer boss is looking to reduce the “paradox of choice” and curb subscriber losses.  ( 25 min )
    FTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
    The FTC is preparing to seek an injunction in federal court that would prevent the deal from closing.  ( 26 min )
    Alphabet Adds $115 Billion in Value After Defying AI Doubters
    (Bloomberg) -- Alphabet Inc. is back in the game. The artificial intelligence game, that is.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubShares in the Google-owner had lagged behind other mega  ( 41 min )
    U.S. charges Apple ex-employee for trying to steal technology, fleeing to China
    The Justice Department plans on Tuesday to announce the first enforcement actions from its "disruptive technology" strike force, the U.S. Attorney's Office in Manhattan said on Twitter. Deputy Attorney General Lisa Monaco said in February that the new task force was a joint effort between her department and the U.S. Commerce Department, to safeguard American technology from foreign adversaries and other national security threats.  ( 37 min )
    Tesla’s Shareholders Meeting Is Here. 4 Things That Could Move the Stock.
    Tesla's 2023 annual meeting of shareholders starts Tuesday at 4 p.m. Eastern time. Investors can watch it on the web.  ( 22 min )
    Billionaire Steve Cohen Snaps Up These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Ride His Coattails
    With the macro backdrop currently a combination of debt ceiling negotiations, data pointing to cooling economic activity amidst expectations of a recession, investors could benefit from a guiding hand to block out the background noise and point toward the equities primed to gain from here. One way to keep ahead of the game is by riding the coattails of Wall Street investing legends. Ones such as Steve Cohen. Using a high-risk/high-reward strategy, the billionaire Chairman and CEO of global asset  ( 42 min )
    The Rich Pass Down Wealth Using This (& So Can You)
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    You Can Get This Much Monthly Off a $200,000 Annuity
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    How Much Retirement Income Can I Make Before It Triggers Taxes?
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    These Stocks Are Moving the Most Today: Home Depot, Capital One, Horizon Therapeutics, Baidu, and More
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    It’s a Big Day for the Debt Ceiling and Banks. Brace for Uncertainty.
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    Tesla succession planning, demand in focus ahead of shareholder meeting
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    Daily – Vickers Top Buyers & Sellers for 05/16/2023
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    Daily – Vickers Top Insider Picks for 05/16/2023
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    Baidu Stock Rises. It Topped Earnings Expectations.
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    Futu, Tiger to Remove China Trading Apps as Regulatory Pressure Mounts
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    Vodafone announces 11,000 job cuts as new boss lambasts performance
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    Stocks to Watch Tuesday: Capital One, Horizon Therapeutics, Home Depot
    ↗️ Capital One (COF): The bank’s stock surged over 5% in premarket trading on the news that [Warren Buffett’s Berkshire Hathaway opened a new position](https://www.wsj.com/articles/berkshire-hathaway-opens-new-position-in-capital-one-exits-bny-me  ( 18 min )
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    Wells Fargo Agrees to Pay Shareholders $1 Billion to Settle Class-Action Suit
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    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
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    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
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  • Open

    Weer minder bouwvergunningen, kleinste aantal sinds 2016
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    Geen paniek nodig over krimpende economie: 'We schakelen een tandje terug'
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    Geen paniek nodig over krimp economie: 'We schakelen een tandje terug'
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Tegenvallende economische groei geen reden tot paniek
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Ggz-personeel krijgt flinke extra loonsverhoging vanwege inflatie
    Er was al een cao-loonsverhoging van twee keer 2 procent voor personeel in geestelijke gezondheidszorgcentra, maar nu krijgen ze er nog eens een inflatiecompensatie bij. Volgens vakbond FNV komt er nog eens 10 procent extra loon bij.  ( 3 min )
    Korte huurcontracten voor studentenwoningen verleden tijd
    Wie een woning of kamer verhuurt aan studenten mag straks geen kortlopend contract meer aanbieden van bijvoorbeeld een of twee jaar. Zulke contracten blijven wel mogelijk voor bijvoorbeeld buitenlandse studenten die een jaar in Nederland komen studeren.  ( 3 min )
    Meerjarige energiecontracten zijn terug van weggeweest
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    Personeelstekort niet zomaar verdwenen: effect vergrijzing komt er nog aan
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    Omstreden zakenman Sanderink moet ex miljoenen aan dwangsommen betalen
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    Overheid draait op voor ontmanteling van kerncentrale in Dodewaard
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    Transavia schrapt ook in juni vakantievluchten
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    WhatsApp komt met pottenkijkersbeveiliging voor pikante chats
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  • Open

    Markets Fall on Home Depot Warning, Debt Talks
    U.S. equities fell on Tuesday, May 16, 2023 as Home Depot’s revenue warning raised concerns about economic growth, and as President Biden met with congressional leaders on the debt ceiling to avoid a government default.  ( 1 min )
    Dow Jones Today: Index Slumps on Retail Sales
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    Top Industrial Stocks for May 2023
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    5 Things to Know Before Markets Open
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  • Open

    Qualified Mortgage: What it Is, How it Works
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    Markets Fall on Home Depot Warning, Debt Talks
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    Timeline: Wells Fargo's Biggest Legal Settlements
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    Tips for Breaking the Ice With New Clients
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    Cover the Spread
    A point spread is given by a sportsbook that determines by how many points the favorite is expected to win the game over the underdog team.  ( 23 min )
    Top CD Rates Today, May 16
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Debt Avalanche vs. Debt Snowball: What's the Difference?
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    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 18 min )
    EU Member States Accept World's First Sweeping Crypto Rules
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    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
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    Is Dividend Income Taxable?
    Understand the laws and regulations regarding taxation of dividends, and know the rates at which dividend income is taxed for most investors.  ( 22 min )
    Who Crashed the Banks? Lawmakers Find Plenty of Suspects
    Who’s to blame for the banking crisis? Maybe an easier question to answer is: who isn’t?  ( 18 min )
    Overcontribution Definition
    Overcontribution refers to any voluntary savings in a tax-deductible retirement plan that exceeds the maximum allowed contribution in a given period.  ( 22 min )
    What Are the Pros and Cons of Online Checking Accounts?
    An online checking account can save you time and money, but understand the drawbacks before signing up to make the switch.  ( 21 min )
    Split Payroll Definition
    Split payroll is a method of paying employees who are on international assignments in which pay is divided between local and home-country currencies.  ( 19 min )
    OpenAI CEO Tells Congress AI May Need Regulating
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    Huntington Bank CD Rates: May 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 19 min )
    FTC Sues to Block Amgen’s Acquisition of Horizon Therapeutics
    The Federal Trade Commission is suing to block Amgen Inc.'s $28 billion acquisition of Horizon Therapeutics to prevent a monopoly in the market for d.rugs that treat critical ailments  ( 16 min )
    Capital One Savings Account Interest Rates: May 2023
    Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 19 min )
    Fidelity CD Rates: May 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 19 min )
    U.S. Bank CD Rates: May 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 19 min )
    How Are Nonqualified Variable Annuities Taxed?
    A nonqualified variable annuity allows you to defer taxes on your investment gains but doesn’t entitle you to a tax deduction as a qualified plan does.  ( 25 min )
    PenFed CD Rates: May 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 21 min )
    Average CD Rates Rise Again, But Is the Party Almost Over?
    Most national average rates climbed in April, but signs of a pullback are appearing and Federal Reserve actions indicate rates may flatten or decline in coming months.  ( 19 min )
    Understanding Mortgage Closing Costs
    Before you get those house keys, you’ll go to the closing table to sign loan documents and paperwork that transfers homeownership from the seller to you. That process often results in numerous fees.  ( 30 min )
    Top Industrial Stocks for May 2023
    ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.  ( 21 min )
    Top REITs for May 2023
    Among REITs, H&R Real Estate, Two Harbors Investment, and Peakstone Realty lead for value, growth, and momentum, respectively.  ( 21 min )
    Cash-Out Refinance vs. Home Equity Loan: What's the Difference?
    Though refinancing a mortgage and taking out a home equity loan each offers a source of cash for homeowners, the similarities stop there.  ( 26 min )
    Today's Mortgage Rates & Trends - May 16, 2023: Rates Jump
    Rates rose for every mortgage type, with double-digit increases in every average. Rates on 30-year loans are again near 7%, and jumbo 30-year rates are at a 12-year high.  ( 19 min )
    Homebuilder Confidence Increased This Month
    Builder confidence for single-family homes rose five points, the fifth straight monthly increase.  ( 17 min )
    Alibaba Earnings Could Suffer from Slow Chinese Consumer Spending
    Alibaba, China's most valuable retailer, is likely to report a boost in earnings per share but slow revenue growth as China's economy stumbles out of pandemic restrictions.  ( 19 min )
    401(k) vs. IRA Contribution Limits
    401(k) and IRA contribution limits are based on your age, income, and if you (or your spouse) have a plan at work. Learn about 401(k) and IRA contribution limits.  ( 26 min )
    Certified Senior Consultant (CSC) Definition
    A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.  ( 18 min )
    How to Choose the Best Mortgage for You
    Finding the right house is only half the battle. The other half is choosing the best type of mortgage. Learn how to pick a mortgage based on your needs.  ( 29 min )
    Temporary Liquidity Guarantee Program (TLGP)
    The Temporary Liquidity Guarantee Program (TLGP) was created in 2008 to stabilize the U.S. banking system during the global financial crisis.  ( 23 min )
    Failed Break: What it is, How it Works, Example
    A failed break occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction.  ( 20 min )
    Retail Sales Ticked Up in April, Even As Inflation Forced Cutbacks on Non-Essentials
    Consumers continued to make trade-offs in their April budgets but didn't stop spending, as retail sales rose 0.4% in April after two months of declines.  ( 16 min )
    Should You Refinance Your Mortgage When Interest Rates Rise?
    Refinancing is a great way for many homeowners to improve their financial situation, but you need to be aware of the downsides.  ( 27 min )
    What Affects Your Credit Score?
    Factors that can affect your credit score are your payment history, your credit mix, your credit utilization ratio and the length of your credit history.  ( 25 min )
    Tax Help After Natural Disasters
    The Internal Revenue Service (IRS) offers tax relief to people affected by natural disasters. What forms of tax help exist, and how do you qualify?  ( 23 min )
    What Is a Subprime Mortgage? Credit Scores, Interest Rates
    A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.  ( 26 min )
    5 Ways Not to Use a Home Equity Line of Credit (HELOC)
    A HELOC can be worthwhile to fund home improvements, but when used to pay for other things, it can result in bad debt.  ( 27 min )
    Getting a Mortgage for Non-U.S. Citizens
    Many banks and mortgage companies offer conventional and FHA home loans to non-U.S. citizens, if they meet specific requirements.  ( 23 min )
    Refinance: What It Is, How It Works, Types, and Example
    A refinance occurs when a business or person revises the interest rate, payment schedule, and terms of a previous credit agreement.  ( 24 min )
    5 Things to Know Before Markets Open
    Negotiations on the debt ceiling continue and consumer spending is expected to move higher after two months of declines. Here’s what investors need to know today.  ( 19 min )
    Pre-Qualified vs. Pre-Approved: What’s the Difference?
    Pre-qualified and pre-approved sound the same, but mean very different things for homebuyers—and carry very different weights with home sellers.  ( 24 min )
    How Interest Rates Affect the Housing Market
    Understand how rate changes can affect home prices and learn how you can keep up.  ( 26 min )
  • Open

    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares are down after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )

  • Open

    Warren Buffett says the married couple behind the maker of Squishmallows are 'ideal Berkshire managers'
    Judd and Laura Zebersky joined Warren Buffett's empire after Berkshire Hathaway acquired their parent company last October.  ( 39 min )
    State Supreme Court overturns judge's ruling prohibiting Tesla dealership in Delaware
    Delaware’s Supreme Court on Monday overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers. In a ruling last year, a Superior Court judge determined that Delaware's Motor Vehicle Franchising Practices Act prohibited Tesla, as a manufacturer, from selling its electric cars directly to customers in Delaware. The Supreme Court reversed that decision and sent the case back to Superior Court, noting that the franchise act was enacted to address the disparity in bargaining power that permitted automobile manufacturers to exert economic pressure over their franchises.  ( 40 min )
    Google Billionaire Sergey Brin Gifts $600 Million in Surging Shares
    (Bloomberg) -- Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million on Thursday during a week that saw his wealth grow by the most in over two years.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalRemote Work Comes With Daytime Drug and Drinking Habits  ( 39 min )
    These 2 EV Stocks Under $10 Have Over 70% Upside Potential, Says Cantor
    Electric vehicles (EVs) have been dominating headlines due to the convergence of social, cultural, and political forces driving a shift from conventional combustion-powered cars to zero-emission vehicles. This shift has sparked a surge in government programs and spending designed to quickly expand the infrastructure needed to support a growing fleet of EVs. In return, we are also seeing enormous growth in EV manufacturers. The infrastructure support is substantial. Cantor senior analyst Andres S  ( 42 min )
    Warren Buffett sells stakes in two banks, raises Bank of America bet
    The Oracle of Omaha has made it clear that he is still cautious about holding many bank stocks.  ( 40 min )
    Stan Druckenmiller, David Tepper Lead Family Offices Betting on AI
    (Bloomberg) -- Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom during the first quarter. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapRemote Work Comes With Daytime Drug and Drinking HabitsMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalDru  ( 40 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla  ( 40 min )
    Dow Jones Futures: McCarthy Says Sides Are 'Far Apart' On Debt Ceiling; AI Stock C3.ai Rockets 23%
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    Elon Musk subpoenaed in Jeffrey Epstein litigation in U.S. Virgin Islands
    The U.S. Virgin islands subpoenaed Tesla Inc CEO Elon Musk in its litigation into the role played by JPMorgan Chase & Co in the activity of sex offender Jeffrey Epstein, according to a Monday court filing.  ( 38 min )
    Home Depot Q1 earnings preview: Here's what to expect
    Home Depot is expected to report its fiscal first quarter 2023 earnings results Tuesday before market open as consumer spending on home improvement softens compared to the pandemic boom.  ( 40 min )
    Berkshire Hathaway Opens New Position in Capital One, Exits Taiwan Semiconductor, BNY Mellon
    Berkshire Hathaway's 13F is out. Warren Buffett's company trimmed its stakes in Chevron, McKesson, Activision Blizzard, General Motors, AON, Ally Financial, Amazon.com and Celanese in the first quarter, the filing showed. Berkshire also eliminated its positions in RH, the home-furnishings compa  ( 18 min )
    Dow Jones Up As McCarthy Gives Debt Ceiling Warning; Activist Investor Targets This Growth Stock
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    Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits
    Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed for bankruptcy on Sunday, as it buckles under the weight of lawsuits alleging that "forever chemicals" in its firefighting foam products have contaminated water sources around U.S. airports and military bases. Kidde-Fenwal filed for Chapter 11 protection in Delaware bankruptcy court. Since 2016, Kidde-Fenwal has been named as a defendant in more than 4,400 lawsuits filed by local governments, companies and individuals, claiming that aqueous film forming foam (AFFF) products contaminated drinking water and soil with perfluoroalkyl and polyfluoroalkyl substances, known as PFAS or "forever chemicals."  ( 39 min )
    Magellan Midstream Holders Face Big Tax Hit From Oneok Deal
    People with units of the pipeline operator will be fully taxed on the entire cash-and-stock deal, so much of their gains will go to Uncle Sam.  ( 22 min )
    ONEOK Buys Magellan for $18.8 Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 17 min )
    C3.ai stock pops, company raises outlook amid 'accelerating' AI interest
    C3.ai jumps after the artificial intelligence company raised its outlook amid 'accelerating' AI interest  ( 40 min )
    Home Depot Earnings Expected To Fall For The First Time In Three Years
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    Icahn Has Faced Many Probes But Hindenburg Claims Stand Apart
    (Bloomberg) -- Icahn Enterprise LP’s disclosure of a May 3 inquiry from federal prosecutors in New York sent the company’s shares reeling, but it’s far from the first time Carl Icahn has faced a government probe.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryRemote Work Comes With Daytime Drug and Drinking HabitsChina Jails 78-Year-Old American for Life on Spying ChargesStocks See Small Moves in Run  ( 42 min )
    Michael Burry of ‘The Big Short’ gambles on regional bank stocks
    The investor who gained fame for his short bets during the 2008 financial crisis made a number of new investments in banks during a chaotic quarter for that industry.  ( 41 min )
    'A sign of trouble?' Why more Americans are missing their debt payments.
    The delinquency transition rate for credit cards—the share of credit card debt that is 30 days or more past due— is approaching pre-pandemic levels. That's not great news.  ( 40 min )
    Seeking at Least 11% Dividend Yield? Here Are 2 Top ETFs to Consider
    You’ve probably heard the old market adage to “Sell in May and go away.” Instead, how about using this time to start considering dividend-paying ETFs? There’s no time like the present to start building a dividend portfolio that can set you up with years of passive income. Here are two big dividend ETFs that both yield over 11% that you can consider using to jumpstart your dividend portfolio. Even better, while some high-yield ETFs lure investors in with eye-popping yields but then end up providi  ( 42 min )
    UPDATE 1-Musk tells Tesla staff he must approve all hiring - the Information
    Tesla Chief Executive Elon Musk has said that the company can make no new hires unless he personally approves them, including contractors, the Information reported on Monday, citing an email to staff. According to the report, Musk told executives to send him a list of hiring requests on a weekly basis, while also cautioning them to "think carefully" before submitting such requests. Tesla did not immediately respond to a Reuters request for comment.  ( 38 min )
    Michael Burry Loaded Up on Bank Stocks in Tumultuous Quarter
    (Bloomberg) -- Famed short-seller Michael Burry took big stakes in regional banks during the first quarter, including the failed lender First Republic before it was bought up by JPMorgan Chase & Co. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryRemote Work Comes With Daytime Drug and Drinking HabitsChina Jails 78-Year-Old American for Life on Spying ChargesHis hedge fund, Scion Asset Management, sn  ( 38 min )
    Warren Buffett’s top 5 dividend paying stocks that will help him make nearly $6 billion in cash this year
    Follow Buffett’s lead to build a portfolio of dividend-paying stocks.  ( 40 min )
    Column: Here's why the debt ceiling is not only stupid — it's unconstitutional
    The debt ceiling is plainly unconstitutional and a nuclear weapon in the hands of willful children. It's time to ignore it.  ( 42 min )
    Taylor Swift showed her financial savvy when she avoided a FTX deal. She puts her money in a niche type of fund, an elite investor says.
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    'Big Short' investor Burry bet on regional banks in first quarter
    Hedge fund manager Michael Burry, who rose to fame with his bets against the U.S. housing market before the 2008 financial crisis, added new positions in several regional banks during a tumultuous first quarter for the sector, according to securities filings released on Monday. Burry's Scion Asset Management’s positions included 150,000 shares in First Republic Bank, 250,000 shares in PacWest Bancorp, 850,000 shares in New York Community Bancorp, and 125,000 shares of Western Alliance Bancorp , filings showed. First Republic collapsed May 1, making it the largest bank failure since the 2008 financial crisis.  ( 39 min )
    SoFi CEO Anthony Noto Discloses Stock Purchases by Wife Dating Back to 2021
    The chief executive disclosed on Tuesday about $220,000 of SoFi stock purchases made by his wife Kristin Noto from August 2021 through this May.  ( 23 min )
    Analyst Report: Marathon Oil Corporation
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    Analyst Report: Fortive Corp
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    Market Update: MRO, FTV, LYFT
    No content preview
    Analyst Report: Lyft Inc
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    Mega Midstream Merger Has Investors Shrugging
    Analysts expected energy company Oneok to make a big deal. They didn’t expect this one. The company on Sunday announced that it agreed to merge with Magellan Midstream Partners in a deal  ( 19 min )
    Verizon Chief Marketing Officer Diego Scotti Stepping Down After Eight Years
    Chief Strategy Officer and Executive Vice President Rima Qureshi will assume responsibility for Verizon’s marketing team on an interim basis.  ( 27 min )
    'We Don't Want To Compete With Elon': Warren Buffett Praises Tesla CEO, But These EV Companies — Including One In His Portfolio — Are Still In The Game
    Elon Musk and Warren Buffett are talented in their own right. One is a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space. The other is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. At Berkshire’s latest annual shareholders meeting, Buffett spoke highly of the Tesla CEO. “Elon is a brilliant, brilliant guy,” Buffett said. “He dreams about things, and his dr  ( 41 min )
    Western Digital Stock Spikes on Report It Nears Flash Memory Merger With Kioxia
    Most of Western Digital flash-memory chips are produced by the company's joint venture with Japan-based Kioxia.  ( 23 min )
    3M fires long-time executive Michael Vale amid 'inappropriate personal misconduct' claims
    Michael Vale's termination went into effect May 12, according to a statement released from the company.  ( 38 min )
    3M fires company executive for inappropriate conduct weeks after promotion
    WASHINGTON (AP) — 3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday. Vale was promoted to group president and chief business and country officer just last month. Vale worked at 3M for more than 30 years, according to an April 25 press release announcing his promotion, which said he would report to Chairman and CEO Mike Roman.  ( 38 min )
    Microsoft’s $69 Billion Activision Deal Cleared by EU. Why the Deal Is in Trouble.
    Despite the signoff from European regulators, Microsoft still faces objections from the U.S. and U.K.  ( 22 min )
    Berkshire’s Stock Purchases Are Unveiled Today. Watch for News on Sales, Too.
    The Warren Buffett-led company might have been a seller of Bank of New York and U.S. Bancorp in the first quarter.  ( 23 min )
    One Theory Why Oneok is the S&P 500's Worst Performer Today
    Traders are skeptical of pipeline operator Oneok's roughly $14 billion deal to buy smaller rival Magellan and create the second-largest U.S.-based midstream company by stock-market value. Why that might be: The  ( 19 min )
    PacWest, Regional Bank Stocks Gain
    PacWest and other regional banks are starting the week with gains after selling off last week. Regional bank stocks have been volatile since the banking turmoil that erupted in March. PacWest shares hav  ( 18 min )
    Dental Insurance for Retirees Isn’t a Great Deal. Consider This Option Instead.
    Stand-alone dental insurance often has limits of $1,000 to $2,000 worth of coverage a year, meaning patients still end up paying for most of the costs on expensive procedures.  ( 34 min )
    EU approves Microsoft's deal to buy 'Call of Duty' maker
    The EU approval complicates the path forward for the tie-up weeks after regulators in the US rejected the same plan.  ( 40 min )
    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
    The broker's shares were upgraded to Outperform from Market Perform at Raymond James.  ( 26 min )
    ONON Stock Has Sprinted 94% In 2023. Analysts See Huge Earnings Growth For On Holding.
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    Stellantis halts battery plant construction over dispute with Canadian govt
    Automaker Stellantis has stopped all construction at a more-than C$5 billion ($3.74 billion) electric vehicles battery manufacturing plan in Windsor, Canada over a disagreement with the federal government about subsidies, a spokesperson for the company said on Monday.  ( 38 min )
    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 26 min )
    SoFi Stock Gets a Downgrade Days After an Upgrade. Why Wall Street Is Divided.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 25 min )
    H&R Block Stock and Intuit Tumble on Direct Electronic Tax Filing Proposal
    The average American spends 13 hours and $250 each year to file their taxes, the IRS says.  ( 23 min )
    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
    The broker's shares were upgraded to Outperform from Market Perform at Raymond James.  ( 22 min )
    C3.ai Stock Rises After Earnings. It Sees Revenue Topping Forecasts.
    The artificial-intelligence software provider forecast higher revenue and a lower operating loss in its fourth quarter than previously guided.  ( 22 min )
    Stocks waver amid debt-limit hopes: Stock market news today
    U.S. stock futures edged higher ahead of the open on Monday as investors took hope that lawmakers can reach a deal in the debt-ceiling standoff.  ( 40 min )
    Cathie Wood Sees the Value of These 2 Stocks Differently Than Goldman Sachs
    Cathie Wood has built a reputation as one willing to bet on disruptive tech and potential game-changing stocks. It’s a strategy the ARK Invest CEO has stuck to whether her choices have easily outperformed the market – as was the case during the pandemic – or badly trailed it – as happened last year. So far, this year, Wood’s flagship fund, the ARK Innovation ETF, has done rather well, showing year-to-date gains of a market-beating 24% although the ETF still remains some distance off the highs no  ( 42 min )
    Kioxia And Western Digital Fast-Track Merger Discussions, Nearing A Deal
    Kioxia Holdings Corp and Western Digital Corp (NASDAQ: WDC) accelerated merger talks have progressed towards a deal as plunging market demand and oversupply of chips weighed on the companies. Kioxia would have a 43% stake and Western Digital a 37% ownership under the deal, Reuters cites familiar sources. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics Co, Ltd (OTC: SSNLF). The planned merger will also likely draw anti-trus  ( 39 min )
    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
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    Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
    Is it worth paying a financial advisor to manage retirement funds if you are confident in your own financial investment strategies? I feel like I have a solid understanding of long-term investment strategies. And as such, I feel the roughly … Continue reading → The post Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor? appeared first on SmartAsset Blog.  ( 41 min )
    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
    The merger diversifies Oneok's operations from primarily natural gas into oil and refined products.  ( 23 min )
    Do I Owe Taxes on My Passive Income?
    Most people's income comes as the direct result of work - you get a job, show up, hopefully perform decently well and then money shows up in your bank account. Some people, though, look to set up streams of passive … Continue reading → The post Passive Income: How Is It Taxed? appeared first on SmartAsset Blog.  ( 41 min )
    Why the red-hot tech trade may crumble: Morning Brief
    Is it time for tech stocks to take a breather?  ( 41 min )
    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 40 min )
    3M Fires Longtime Executive, Citing Inappropriate Personal Conduct
    Michael Vale has worked for the company for more than 30 years.  ( 24 min )
    I'm High-Net Worth. Why Do I Keep Getting Denied a Loan?
    If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.  ( 41 min )
    Dow Jones Futures Rise With Biden-McCarthy Meeting On Deck; 6 Best Stocks To Buy And Watch
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    SoFi Gets a Downgrade Just Days After a Buy. Wall Street Is Divided on the Stock.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 22 min )
    Regional Banks May Emerge as a Winner in Debt Showdown, State Street Says
    (Bloomberg) -- Trillions of dollars stowed away in short-term US Treasuries are looking anything but safe as the debt ceiling deadline edges closer. That’s prompted an ETF giant to warn that one of the year’s hottest haven trades could be about to unwind — and throw beleaguered regional banks a lifeline.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Goes to Runoff Vote as Erdogan Falls Short of 50% MarkRemote Work Comes With Daytime Drug and Drinking  ( 40 min )
    Weekly Stock List
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    8 Stocks' Monster Profit Growth Can't Be Contained
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    Daily Spotlight: Fed Cuts Expected in 2024
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    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Shell Plc
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    Analyst Report: Metlife Inc
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    Analyst Report: National Fuel Gas Co.
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    Analyst Report: Johnson Controls Intl pl
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    Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand? Who's At Risk?
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    Sell in May and Go Away? Sure. Just Not These Stocks
    You’ve likely heard the Wall Street saying, Sell in May and go away. Turns out, there’s some truth to it.  ( 40 min )
    Nike Peers Rocket Up To 95% In 2023. Why Shoemakers Skechers, On Holding, Deckers Are Running Now.
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    Gold, Oil and Gambling–Merger Monday Is Back. What This Says About Recession.
    Debt ceiling takes center stage as Biden prepares for G-7, Turkey’s Erdogan fails to clinch victory, EV start-ups forecasting disappointing targets, and other news to start your day.  ( 22 min )
    AI Spending Will Cloud Chip Slowdown
    Google, Microsoft and other big techs are slowing capital spending while also launching generative AI services that require the most expensive chips.  ( 26 min )
    US Credit Crunch Claims Seven More Firms Filing for Bankruptcy
    (Bloomberg) -- Media upstart Vice Media LLC and home security company Monitronics International Inc. were among at least seven firms filing for US Chapter 11 bankruptcy protection in the past 24 hours as companies feel the crunch from a year of interest hikes.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTurkey Poised for Vote Runoff as Erdogan Ballots Fall ShortChina Jails 78-Year-Old American for Life  ( 40 min )
    Explainer-How Wall Street is preparing for possible US debt default
    As talks over raising the U.S. government's $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. Citigroup CEO Jane Fraser said this debate on the debt ceiling is "more worrying" than previous ones.  ( 39 min )
    NeoGames Stock Soars on $1.2 Billion Acquisition by Australia’s Aristocrat Leisure
    NeoGames stock more than doubles after the company reaches an agreement to be acquired by Australia's Aristocrat Leisure.  ( 25 min )
    IRS Weighs Creating a Government-Run Tax-Prep Option
    Companies such as TurboTax are leaning on lawmakers to fight a change.  ( 26 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Newmont reaches a deal to acquire Australian gold and copper miner Newcrest Mining for $17.5 billion, while Oneok will be buying Magellan Midstream Partners in a cash-and-stock deal with a value of about $18.8 billion including debt.  ( 23 min )
    Turkey’s Markets Drop as Bets for Erdogan Exit Unravel
    (Bloomberg) -- Traders were bracing for more volatility in the Turkish lira as early vote tallies in the presidential election appeared headed to a runoff in two weeks, adding more pressure on the tightly-controlled currency. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After Hi  ( 40 min )
    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
    The merger diversifies Oneok's operations from primarily natural gas into oil and refined products.  ( 23 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )
    China opens channel giving investors access to $3 trillion swaps market
    (Bloomberg) -- Global investors seeking to trade China’s reopening will have a new strategic tool from Monday: onshore interest-rate swaps that had an annual turnover of $3 trillion last year.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe so-called Swap Connect  ( 40 min )
    U.S. Stock Futures March Higher With Debt-Ceiling Talks in Focus
    Stock futures advanced to start a new week of trading, with developments on the looming U.S. debt ceiling in focus alongside a trickle of economic data and remarks from central bank officials due in the coming days. Futures for the Dow Jones Industrial Average rose 140 points, or 0.4%, after the in  ( 30 min )
    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 23 min )
    Morgan Stanley’s Wilson expects debt ceiling debate to trigger sharp stock swings
    (Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most bearish voices on Wall Street — expects the debate around raising the US government’s $31.4 trillion borrowing limit to trigger some sharp swings in equity markets.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsSea’s Path to Profit Paved With Layoffs, Single-Ply Toilet PaperJeffrey Epstein Keeps Haunting Wall Street Long After His DeathMost  ( 39 min )
    BAT names finance director Marroco as CEO as Bowles bows out
    British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco has been with the tobacco firm since 1992 and was appointed to the board in 2019. Director Javed Iqbal will be interim finance director while the group looks for a permanent replacement for Marroco, the company said.  ( 37 min )
    Vice Files for Chapter 11 in Shift of Fortune for Media Upstart
    (Bloomberg) -- Vice Media LLC filed for bankruptcy protection, punctuating a relatively rapid decline for the media upstart that once boasted a $5.7 billion valuation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe Brooklyn-based company listed both assets and li  ( 38 min )
    Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
    Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of the matter said, as a slumping flash memory market puts fresh consolidation pressure on the world's No. 2 and No. 4 players. Japan's Kioxia and U.S. chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics.  ( 40 min )
    In the Market: Why US regional banks are doomed to a doom loop
    Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven't really wanted to do, like letting the largest U.S. bank get even bigger. Take the case of the Federal Deposit Insurance Corp (FDIC), one of the main banking regulators. In a December 2021 statement, Chairman Martin Gruenberg said the sale of some troubled banks to the likes of JPMorgan Chase & Co during the financial crisis of 2008 had arguably "increased long-term financial stability risk."  ( 39 min )
    Another China Defaulter Gets Liquidation Order as Pressure Grows
    (Bloomberg) -- Pressure is mounting for China’s dollar bond defaulters to present disgruntled creditors concrete restructuring plans, as another firm that has failed to do so now faces court-ordered liquidation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsJeffrey Epstein Keeps Haunting Wall Street Long After His DeathTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpDangdai  ( 38 min )
    Stock market today: Asian markets, oil lower as recession fears, debt ceiling darken outlook
    Asian shares were mostly lower Monday, dogged by persisting worries over a possible recession and the risk of a default on the U.S. national debt. U.S. futures and oil prices also fell. This week will bring major updates on the Chinese and Japanese economies.  ( 41 min )
    Bitcoin, Ether edge higher; Litecoin leads gainers; investors weigh impact of US debt crisis
    Bitcoin prices rose on Monday morning in Asia to above US$27,000. Ether managed to rise above the US$1,800 support level as Litecoin leads gainers.  ( 39 min )
    $14 Billion Deal to Create Mega-Pipeline Company
    The major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value.  ( 26 min )
    US Equity Futures Fall as Baht Gains With Rand: Markets Wrap
    (Bloomberg) -- US stock futures declined and the dollar traded in tight ranges versus major peers as investors weighed signs of progress in talks to avert a debt default and persistent inflationary pressure. Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpMuch of the act  ( 40 min )
    Oil falls as economic concerns offset prospect of tighter supplies
    Oil prices slipped on Monday as concerns about fuel demand at top global oil consumers U.S. and China offset optimism about tightening supplies from any OPEC+ cuts and a resumption in U.S. buying for reserves. Brent crude futures fell 43 cents, or 0.6%, to $73.74 a barrel by 0130 GMT while U.S. West Texas Intermediate crude was at $69.67 a barrel, down 37 cents, or 0.5%. "Oil prices are still under pressure on sluggish demand outlooks as China’s economic reopening progress seems bumpy," CMC Markets analyst Tina Teng said, adding that the U.S. banking rout has also caused market jitters.  ( 39 min )
    Oil Drops for a Fourth Day as Concerns Over Demand Persist
    (Bloomberg) -- Oil held a fourth weekly loss as concerns over the US economy and China’s slower-than-expected recovery weighed on the outlook.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpWest Texas Intermediate futures traded near $70 a barrel after the longest run of  ( 39 min )
    China holds rates, adds more liquidity as recovery struggles
    China's central bank rolled over maturing medium-term policy loans while keeping interest rates unchanged on Monday, matching market expectations. The People's Bank of China (PBOC) said it was keeping the rate on 125 billion yuan ($18.08 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.75% from the previous operation. In a Reuters poll of 30 market watchers conducted last week, 26 participants, or 86.7%, predicted no change to the MLF rate, while four respondents expected a marginal rate cut.  ( 37 min )
    Oneok to buy Magellan Midstream in $19bn US pipeline deal
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?
    (Bloomberg) -- The risk of a US debt default is greater than it’s ever been, threatening to tip global markets into a brand-new world of pain. For investors, there are few places to hide other than the oldest hedge in the book: gold.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier  ( 41 min )
  • Open

    Warren Buffett Buys Capital One, Dumps BNY Mellon
    Warren Buffett's Berkshire Hathaway shook up its bank holdings last quarter, adding Capital One and exiting positions in two other major lenders amid banking sector turmoil.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 15: Rates Continue Slide
    Personal loan rates dropped again for a third week in a row, lowering the overall average by 28 basis points.  ( 17 min )
    How Do Credit Bureaus Make Money?
    Credit bureaus make money by acting as information brokers for consumer credit histories, selling their services to banks, mortgage lenders, retailers, and more.  ( 22 min )
    Dow Jones Today: Index Inches Up Before Debt Ceiling Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 17 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Judgment: What it is, How it Works, Examples and FAQ
    A judgment is a court decision adjudicating a dispute between two parties by determining the rights of each party. Read how monetary judgments work.  ( 24 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 16 min )
    How To Talk With Your Clients About ESG Investing
    Environmental, social, and governance (ESG) investing is growing in popularity. See some tips for discussing ESG opportunities with your clients.  ( 29 min )
    Household Debt Rises to $17 Trillion As Delinquencies Increase
    Americans have more debt than ever, and more people are falling behind on paying it.  ( 16 min )
    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 16 min )
    Atlanta Fed’s Bostic Says He Doesn't See Rate Cut This Year
    Three Fed bank presidents weighed in on the future of interest rates and inflation, with Atlanta Fed President Raphael Bostic saying he doesn't see an interest rate cut this year.  ( 18 min )
    Using Your Savings on a Mortgage Down Payment
    There are numerous low-down-payment mortgage options out there, but sometimes it makes sense to build up your savings so you can borrow less.  ( 21 min )
    Top Communications Stocks for May 2023
    DISH Network, Warner Bros. Discovery, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Slowing Consumer Spending Likely Weighed on Target’s Q1 Earnings
    Target, the nation’s seventh-largest retailer by revenue, will likely say earnings fell 20% in the first quarter amid a slowdown in comparable store sales and discretionary spending.  ( 17 min )
    Loans for First-Time Homebuyers: How to Finance
    If you’re a first-time homebuyer, the options for borrowing can be exponential and potentially overwhelming. Here are some home financing basics.  ( 32 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 15 min )
    How to Get Pre-approved for a Mortgage
    If you’re serious about buying a home, you need to get pre-approved for a mortgage. Learn what is required so you can speed up the approval process.  ( 38 min )
    Cryptocurrencies To Watch: Week of May 15
    This week’s cryptocurrencies to keep an eye on are Kava (KAVA), Bitcoin SV (BSV), Lido DAO (LDO), Rocket Pool (RPL), and Litecoin (LTC).  ( 19 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 16 min )
    Golden Hammer
    Golden hammer refers to an excessive dependence upon a specific tool to perform many different functions.  ( 18 min )
    Top Tips for Young Financial Advisors
    A younger generation of financial advisors is ready to make their mark on the industry. Here's how they can set themselves apart.  ( 23 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 18 min )
    Know Your Shareholder Rights
    Common stock owners have numerous privileges and should be vigilant in monitoring a company. Read on to learn what rights you have as a shareholder.  ( 25 min )
    Why So Few Houses For Sale? Pandemic-Refinancers Have 24 Billion Reasons to Stay Put
    There aren’t many houses for sale, and that’s partly because of the 14 million mortgage holders who took advantage of ultra-low interest rates in 2020 and 2021.  ( 18 min )
    Top Oil Tanker Stocks for Q2 2023
    Tsakos Energy Navigation, Dorian LPG, and TORM are the top oil tanker stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Inside the Most Important Charts in the World as the Debt Ceiling Deadline Looms
    JC Parets of AllStarCharts rejoins The Express to help us find where the bulls are running across the entire global stock market, and shares his favorite wines for the Spring season.  ( 15 min )
    Top Materials Stocks for May 2023
    Cemex, Albermarle, and Patriot Battery lead for value, growth, and momentum, respectively  ( 20 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 16 min )
    Risk Measurement: Types of Risk and Ways to Measure Them
    Learn about common metrics used in risk measurement and how to use risk management techniques to assess the risk associated with an investment.  ( 24 min )
    Today's Mortgage Rates & Trends - May 15, 2023: Rates Waver
    Most mortgage averages moved slightly up, after two days of decline. The movement was minor for most loan types, though jumbo 30-year rates rose a full eighth of a point.  ( 20 min )
    What Is a Furnisher in Business? With Examples
    A furnisher is a company that provides information about a consumer, including credit history, to a credit bureau. Learn how furnishers work.  ( 21 min )
    What Is the Equal Credit Opportunity Act (ECOA)? Purpose
    The Equal Credit Opportunity Act (ECOA) is a federal civil rights law that forbids lenders to deny credit to an applicant based on any factor unrelated to the person's ability to repay.  ( 26 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 18 min )
    Working Capital: Formula, Components, and Limitations
    Working capital, or net working capital (NWC), is a measure of a company’s liquidity, operational efficiency, and short-term financial health.  ( 28 min )
    Chattel Mortgage Non-Filing Insurance Definition
    “Chattel mortgage non-filing insurance” refers to a type of insurance product purchased by chattel mortgage providers and other financial firms.  ( 18 min )
    What Does Finance Mean? Its History, Types, and Importance Explained
    Finance is the study and management of money, investments, and other instruments. Learn about the basics of public, corporate, and personal finance.  ( 37 min )
    Emerging Market Fund Definition
    An emerging market fund invests the majority of its assets in securities from countries with economies that are considered to be emerging.  ( 20 min )
    Basis Differential
    Basis differential is the difference between the spot price of a commodity to be hedged and the futures price of the contract used.  ( 18 min )
  • Open

    Dow Jones Today: Index Inches Up Before Debt Debt Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 1 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 1 min )
  • Open

    Tienduizenden open vacatures: tekort aan personeel blijft onverminderd hoog
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft hoog en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
    Bijna 15 miljard euro aan munten en goud in geheim vervoerd naar opslag Zeist
    De Nederlandsche Bank (DNB) heeft de afgelopen maand voor bijna 15 miljard euro aan goud, munten en bankbiljetten verhuisd naar een opslag in Zeist, meldt de centrale bank maandag. Daar bevindt zich sinds kort het nieuwe zogenoemde DNB Cashcentrum.  ( 4 min )
    Kabinet krijgt tik op vingers voor begroting: 'Geen buffers voor tegenvallers'
    De Raad van State heeft stevige kritiek op de begrotingsplannen van het kabinet. De belangrijkste adviseur van het kabinet waarschuwt dat het kabinet met de forse uitgaven "dicht langs de vangrail" stuurt. "Er zijn daardoor geen buffers voor het opvangen van eventuele financiële tegenvallers."  ( 5 min )
    Duitsland wil kleinere lng-terminals voor de kust nu energiecrisis voorbij is
    De twee te bouwen lng-terminals voor de kust van het Duitse Rügen worden bijna de helft kleiner. De capaciteit van 18 miljard kubieke meter is niet meer noodzakelijk nu de energietekorten zijn afgewend. Ook was er protest tegen de drijvende terminals.  ( 3 min )
    Windparken op Noordzee 'voor het eerst' stilgezet om trekvogels te beschermen
    Windmolens op zee bij Borssele en Egmond aan Zee hebben zaterdag vier uur lang stilgestaan omdat massale vogeltrek boven de Noordzee was voorspeld. Zo hadden de vogels een veiligere doortocht, zegt minister Rob Jetten (Klimaat en Energie). Deze stap zou wereldwijd voor het eerst zijn gezet.  ( 4 min )
    Microsoft mag Activision overnemen van Brussel, maar deal blijft onzeker
    Xbox-maker Microsoft mag van de Europese Commissie gamesbedrijf Activision Blizzard overnemen. Toch blijft het nog maar de vraag of de overname kan doorgaan; het is onzeker of de autoriteiten in het Verenigd Koninkrijk en de Verenigde Staten ook akkoord gaan met de grootste overname ooit in de gamesindustrie.  ( 4 min )
    Brussel beslist over de grootste overname ooit in de game-industrie
    De Europese Commissie beslist waarschijnlijk in de komende dagen of Microsoft Call of Duty-ontwikkelaar Activison Blizzard mag overnemen. Maar zelfs met Europese toestemming staat de grootste overname ooit in de game-industrie op losse schroeven.  ( 5 min )
    Duitse gasleveranciers onderzocht om mogelijk misbruik prijsplafond
    Het Bundeskartellamt gaat onderzoeken of een aantal Duitse energieleveranciers misbruik heeft gemaakt van het prijsplafond bij de oosterburen. Mogelijk dat de leveranciers meer subsidie hebben gevraagd dan waar ze recht op hadden. De toezichthouder sluit niet uit dat er meer onderzoeken volgen.  ( 3 min )
    Zonnige prognose voor Europese economie, angst voor recessie zakt weg
    De Europese economie zal meer groeien dan verwacht, volgens de Europese Commissie. Het dagelijks EU-bestuur rekent op een groei van 1,1 procent in plaats van 0,9 procent. Daarmee zakt de angst voor een recessie verder weg.  ( 4 min )
    Vattenfall verlaagt tarieven voor stroom en gas tot onder het prijsplafond
    Klanten van Vattenfall met een variabel contract krijgen vanaf 1 juli tarieven die onder het prijsplafond liggen. Eerder verlaagden andere leveranciers, waaronder Eneco en Essent, hun tarieven ook al tot onder die grens.  ( 4 min )
    Vice Media vraagt uitstel van betaling aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 3 min )
    Vice Media vraagt faillissementsbescherming aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 2 min )
    Vast energiecontract opzeggen wordt duurder
    Vanaf 1 juni gelden nieuwe regels voor het opzeggen van een vast energiecontract. Dit betekent dat consumenten die een nieuw vast contract tekenen goed moeten opletten. Het wordt namelijk flink duurder om dat voortijdig op te zeggen.  ( 3 min )
    Turkse beurs zakt 6 procent na uitblijven van winnaar presidentsverkiezingen
    De aandelenbeurs in Istanboel is maandagochtend meer dan 6 procent gezakt. Dat komt door de onduidelijkheid over de toekomst van het land, nu er nog geen duidelijke winnaar is bij de Turkse presidentsverkiezingen.  ( 2 min )
    Argentijnen bestrijden gierende inflatie met rente van ruim 90 procent
    De Argentijnse regering wil met een pakket maatregelen de inflatie van maar liefst 109 procent bestrijden. Zo gaat de rente verder omhoog, moet de eigen valuta worden ondersteund en wil het Zuid-Amerikaanse land nieuwe deals maken met schuldeisers.  ( 3 min )
    Toezichthouder waarschuwt voor misleidende telefoontjes van energieleveranciers
    De energiemarkt krabbelt op, maar dat heeft ook minder leuke kanten. Consumenten moeten namelijk oppassen voor de agressieve en misleidende manier waarop energieleveranciers nieuwe klanten proberen te werven.  ( 3 min )
    NU+ | Nieuwe Twitter-topvrouw in aantal opzichten tegenpool van Elon Musk
    Linda Yaccarino volgt Elon Musk op als hoogste baas van Twitter, een half jaar nadat hij het sociale medium heeft gekocht. Ze is een grote naam in de wereld van de tv-reclame en belichaamt twee dingen waar Musk een hekel aan heeft: reguliere media en reclame.  ( 4 min )
    Explainer | Dure boodschappen door hogere lonen? Zo werkt een loon-prijsspiraal
    Directeur Klaas Knot van De Nederlandsche Bank waarschuwt voor een loon-prijsspiraal als de lonen te veel doorstijgen. Wat is dit precies?  ( 3 min )
    Gemeenten blijven worstelen met energietoeslag voor studenten: hoe zit dat?
    De energietoeslag voor studenten blijft een heikel punt voor gemeenten. Studenten slepen gemeentes voor de rechter, vaak met succes. Wat is er aan de hand en komt er nog een échte oplossing?  ( 5 min )
  • Open

    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 1 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 1 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 1 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 1 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 1 min )

  • Open

    Statute of Frauds: Purpose, Contracts It Covers, and Exceptions
    The statute of frauds is a legal concept that stipulates that certain types of contracts must be executed in writing to be valid.  ( 23 min )
    Wilcoxon Test: Definition in Statistics, Types, and Calculation
    The Wilcoxon test, which refers to either the rank sum test or the signed rank test, is a nonparametric test that compares two paired groups.  ( 19 min )
    Initial vs. Maintenance Margin for a Futures Contract: What's the Difference?
    Learn the values of futures contracts and the initial margin a trader must place in an account to open a futures position as well as maintenance margin.  ( 18 min )
    Be a One-Stop Shop for Your Clients
    Offering a comprehensive suite of financial services can bring in business, but coordination and customization are key to success and customer retention.  ( 20 min )
    Competitive Devaluation Definition
    Competitive devaluation is a series of currency depreciation that nations resort to in tit-for-tat moves to gain an edge in international export markets.  ( 25 min )
    Prime Rate Definition
    The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 25 min )
    Human Resources (HR) Meaning and Responsibilities
    Human resources (HR) is the company department charged with finding, screening, recruiting, and training job applicants, as well as administering benefits.  ( 21 min )
    Federal Open Market Committee (FOMC): What It Is and Does
    The Federal Open Market Committee (FOMC) is the branch of the Federal Reserve System that determines the direction of monetary policy.  ( 25 min )
    EBITA (Earnings Before Interest, Taxes, and Amortization) Definition
    EBITA is a measure of a company’s real performance. It can be more informative than bottom-line earnings.  ( 22 min )
    Additional Insured: Definition, Benefits, Costs, Examples
    Additional insured is a type of status associated with general liability insurance that provides coverage to other individuals/groups not initially named.  ( 24 min )
    What Is a Bank Failure? Definition, Causes, Results, and Examples
    Bank failure is the closing of an insolvent bank by a federal or state regulator. Learn what causes a bank failure and about examples of bank failures.  ( 23 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Target Rate Definition
    A target rate is a key interest rate that a central bank targets to guide monetary policy.  ( 22 min )
    Highest Credit Score: Is It Possible to Get It?
    You can get the maximum credit score by taking steps to reduce your debt and prove you can make payments reliably. Learn how lenders interpret credit scores.  ( 25 min )
    Insolvencies: Definition, How It Works, and Contributing Factors
    Insolvency is a situation in which an individual or company cannot pay off bills and debts. Learn about the insolvency process, how it works, and how to avoid it.  ( 24 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 19 min )
    Food Prices are Finally Falling, With One Major Exception
    Checkout at the grocery store is finally getting a less painful as inflation starts to abate—unless you need baby formula.  ( 16 min )
    Owners' Equivalent Rent (OER): Definition and Relationship to CPI
    Owners’ equivalent rent (OER) is the amount of rent that would need to be paid to substitute a currently owned house as a rental property.  ( 20 min )
    These Are the 10 Biggest U.S. Startups by Valuation
    Find out the companies that made the list of the 10 biggest startups by valuation, according to a recent report published by Recode.  ( 21 min )
    Alternative Dispute Resolution (ADR): Definition and Meaning
    Alternative dispute resolution (ADR) is, in an insurance sense, a number of disparate processes used by insurers to resolve claims and contractual disputes.  ( 23 min )
  • Open

    Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper
    (Bloomberg) -- Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself up on a pillow to hammer out the latest in a series of memos that would change the course of his business — and perhaps the tech industry.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Chan  ( 43 min )
    Newmont Inks $20 Billion Newcrest Deal to Create Gold Giant
    (Bloomberg) -- Newmont Corp. agreed to buy Newcrest Mining Ltd. in a deal worth about A$28.8 billion ($19.2 billion) including debt, consolidating the US miner’s status as the world’s biggest gold producer.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpNewcrest holders  ( 40 min )
    ONEOK to buy Magellan Midstream Partners in deal valued at $18.8 billion
    ONEOK Inc agreed to buy Magellan Midstream Partners in a cash and stock deal valued at around $18.8 billion including assumed debt to diversify in the midstream oil and gas industry, the company said on Sunday. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit. The deal is expected to be accretive to earnings per share beginning in 2024, with EPS accretion of 3% to 7% per year from 2025 through 2027, ONEOK said in a statement.  ( 38 min )
    Newmont Agrees to Acquire Australia’s Newcrest for $17.5 Billion
    The deal would be the largest ever in the gold-mining industry.  ( 26 min )
    Oneok to Buy Magellan Midstream in Deal Worth $18.8 Billion
    (Bloomberg) -- Energy infrastructure company Oneok Inc. will buy Magellan Midstream Partners L.P. in a cash-and-stock transaction valued at around $18.8 billion including assumed debt, according to a joint statement.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpEach Ma  ( 39 min )
    Stocks Poised to Open Lower
    Weak consumer sentiment is weighing on stocks despite signs that inflation was easing and expectations the Federal Reserve will pause on more interest rate increases when it meets in June.  ( 22 min )
    Billionaire George Soros Loads Up on These 2 ‘Strong Buy’ Stocks ⁠— Here’s Why You Might Want to Follow in His Footsteps
    If you’re going to be forever known for one thing, being the ‘man who broke the Bank of England’ is a description many would sign up for. That is how George Soros is regularly introduced, and the story involves how he bet against the British Pound in 1992 and pocketed $1 billion from the trade in a single day. Of course, Soros’ legendary reputation does not rest solely on that headline-grabbing act, and the billionaire investor has had a decades-long career of almost unmatched investing success.  ( 42 min )
    19 Republican states accuse JPMorgan of closing bank accounts and discriminating against customers due to their religious or political beliefs
    In a letter seen by The Wall Street Journal, Republican attorneys general say the bank closed accounts and asked questions before reinstating them.  ( 39 min )
    Gold could rally to a new record high if the US defaults and investors flee to safety
    RBC Capital Markets said "in the near term, we believe gold looks like the best hedge in the more immediate offing."  ( 40 min )
    TuSimple stock delisted from Nasdaq due to unfiled financial reports
    Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure. The post TuSimple stock delisted from Nasdaq due to unfiled financial reports appeared first on FreightWaves.  ( 40 min )
    Walmart, Alibaba, Target, and More Stocks to Watch This Week
    First-quarter earnings from Home Depot, Cisco Systems, Take-Two, Target, Walmart, Alibaba, Applied Materials, Ross Stores, and Deere. Plus, retail sales and leading economic index.  ( 23 min )
    Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here's what Elon Musk, Paul Krugman and Jamie Dimon have warned.
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    The housing market correction would regain new life if the U.S. defaults, says Moody’s chief economist
    The U.S. Treasury could run out of cash as soon as early June. That could deliver a big hit to the housing market.  ( 40 min )
    This Week on Crypto Twitter: Musk Welcomes New Twitter CEO to Get to X—the Everything App
    Bitcoin high priest and MicroStrategy chair Michael Saylor predicts the number one cryptocurrency “will chop its way up—with volatility—forever.”  ( 40 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Here's how to get the best exit package after a layoff
    One upshot to exit packages if you've been laid off: It may be possible to negotiate an even better severance agreement than what is initially offered.  ( 39 min )
    Walmart, Home Depot earnings, Tesla annual meeting, debt ceiling crunch top week ahead
    It's going to be another busy week for investors as regional banks continue to wobble, the debt ceiling looms and economic data flows. Corporations are also hosting annual meetings.  ( 41 min )
    Tiger Seeks to Sell Private-Company Stakes Into Secondary Market
    (Bloomberg) -- Tiger Global Management is seeking to offload hundreds of millions of dollars worth of private companies into the secondary market, according to people with knowledge of the matter. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyTurkey Latest: Polls Close, Count Begins in Knife-Edge ElectionG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West  ( 38 min )
    Dip Buyers Scorched by Cratering Bank Stocks Rush for the Exits
    (Bloomberg) -- The fear-driven selloff that’s cut the stock-market values of some banks in half may look like a perfect chance to buy the dips. If only they’d stop falling. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West Can't Live WithoutBiden Says Debt Talks Move Along as Parties Discuss ChangesAs shares  ( 41 min )
    Argentina to Boost Rates by 600 Basis Points as Inflation Soars
    (Bloomberg) -- Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points to 97% on Monday, as inflation spirals out of control in the run up to presidential elections, according to officials at the Economy Ministry and the central bank.Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Ru  ( 38 min )
    Abortion Bans Can Help Make This Cheap, Accessible Birth Control Pill a Hit
    The FDA’s potential approval of an over-the-counter oral contraceptive could mean a huge market for generic drugmaker Perrigo.  ( 27 min )
    Recession? Here's why top industrial CEOs are super bullish on the economy
    Top industrial CEOs are bullish on the economy, telling Yahoo Finance massive investments and reshoring efforts are among the catalysts for a recovery.  ( 40 min )
    TipRanks ‘Perfect 10’ List: 3 Top-Rated Stocks That Tick All the Right Boxes
    Even though most market watchers would agree that a recession is looming over the next hill, there are still stocks that ‘tick the right boxes,’ flashing buy-signs for investors. The Smart Score tool from TipRanks is perfect for sorting these choices from the pack. The Smart Score algorithm measures every stock according to a set of key metrics, 8 in all, that include a series of sentiment gauges as well as fundamental and technical factors, all of which are known to correlate with future outper  ( 44 min )
    Why the world should fear a commercial property crash
    On both sides of the Atlantic, people have recently been acutely worried about how the banking system would cope with higher interest rates.  ( 40 min )
    Retail sales and superstore earnings: What to know this week
    Retail sales and earnings are expected to provide investors more information on the state of the consumer after a six-month low in consumer confidence sent stocks lower on Friday.  ( 42 min )
    Vanguard vs. Fidelity vs. Schwab
    SmartAsset compares three of the largest investment companies based on usability, trade experience, offerings and cost. Learn more here.  ( 43 min )
    Americans SayThis Much Money Will Make Them Feel Happy & Healthy
    Many Americans don't feel financially confident. In fact, a recent study found that you'd need to earn around $128,000 to have financial confidence.  ( 39 min )
    Reality of ocean container volume far cry from China reopening hype
    It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone. The post Reality of ocean container volume far cry from China reopening hype appeared first on FreightWaves.  ( 43 min )
    Edward Jones Says This Generation Is Most Likely to Experience Financial Hardship
    While no one is immune to financial hardships, new research from financial services firm Edward Jones suggests that perhaps those in the millennial generation are particularly vulnerable. In a survey of financial advisors, 43% of the experts polled said that … Continue reading → The post Edward Jones: Millennials Are the Most Likely to Experience Financial Hardship appeared first on SmartAsset Blog.  ( 38 min )
    RIP, Lumber-Futures Contract That Jumped During Covid-19
    The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.  ( 27 min )
    Employers are becoming more open to hiring older workers
    Over 3 in 5 employers said they gave a “great deal” or “quite a bit of consideration” to job applicants age 50 and older when recruiting in 2022.  ( 41 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 21 min )
    How to end the US debt ceiling stand-off
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Giant Pension Sold Alibaba, Lululemon, and GE Stock. Here’s What It Bought.
    The New York State Common Retirement Fund is third-largest public pension in the U.S.  ( 23 min )
    Flexible work is feminist–and women won’t return to a system that hasn’t served them well to spare the feelings of powerful men
    It is hardly a coincidence that the demographic which benefited most from the old system has also expressed the most anxiety about changing it.  ( 42 min )
    An elderly man was scammed out of millions. Could the bank have done more to prevent fraud?
    Larry Cook, 76, wired $ 3.6 million to possible scammers abroad. The bank reported him to adult protective services, but continued wiring his money.  ( 43 min )
    Investors Are Nervous—And That Could Support Stocks
    Fund managers have the lowest exposure to stocks relative to bonds since 2009.  ( 25 min )
    Plunging Tax Revenue Accelerates Debt-Ceiling Deadline
    The pandemic led first to a boom, and now a bust, in tax collections.  ( 27 min )
    ‘We didn’t ruin Cadbury – we made it better’
    Cadbury needed to be taken over to improve its flagging business, the chief executive of its US owner has claimed.  ( 43 min )
    Amazon to increase delivery speed while cutting costs
    Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.  ( 39 min )
    Algorithms prop up the market as fretful humans sit out the uncertainty
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Cash-strapped Novavax urges governments to honour Covid jab deals
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Tech CEO explains what's causing mass layoffs
    Kaseya CEO Fred Voccola discusses issues facing the technology sector and shares how his Miami-based company is finding success on 'The Big Money Show.'  ( 38 min )
  • Open

    Ambtenaren gingen vorig jaar het vroegst met pensioen
    Personeel in de zorg, het onderwijs en het openbaar bestuur ging vorig jaar het vroegst met pensioen. Wie werkte in de landbouw, visserij en dienstverlening bleef juist het langst doorwerken. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Milieudefensie: 'Shell houdt zich niet aan vonnis in klimaatzaak'
    Oliebedrijf Shell doet lang niet genoeg om zich te houden aan de uitspraak in de klimaatzaak die Milieudefensie in 2021 heeft gewonnen. Het bedrijf heeft voor het leeuwendeel van de CO2-uitstoot nog altijd geen goed reductieplan, stelt de milieuorganisatie.  ( 4 min )
    Zoektocht naar betaalbare kop koffie zorgt voor tekort aan goedkope bonen
    Koffiedrinkers stappen door de hoge inflatie steeds vaker over op goedkopere soorten koffie. Daardoor is er meer behoefte aan de robustasoort, die doorgaans goedkoper is dan arabicakoffie. Maar boeren hebben steeds meer moeite die vraag bij te benen.  ( 4 min )
    EU krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    De Europese Unie krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )
    Europa krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    Europa krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )

  • Open

    The housing market has frozen over. Here's why experts say home affordability isn't getting better any time soon.
    No content preview
    China’s EV industry braced for shakeout as prices plunge
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Markets think falling inflation means rate cuts are around the corner. Here's why that's probably wrong.
    No content preview
    Bond Traders Laser-Focused on Washington as Debt-Cap Risks Grow
    (Bloomberg) -- Treasury traders will be on high alert in the coming week for signs out of Washington on whether the US will careen toward a market-upending default — or will clinch a last-gasp debt deal once again.Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance  ( 40 min )
    Borrowers Pounce Before the Going Gets Rougher: Credit Weekly
    (Bloomberg) -- Companies are seizing the opportunity to sell more bonds as rates march higher and the economy slows. Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaEuropean borrowers raised the most debt in over  ( 40 min )
    China’s Strong Data Likely to Mask Weakening Recovery
    (Bloomberg) -- Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality.Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaOfficial figures on Tuesday are expected to show  ( 42 min )
    What Is a Good 401(k) Match? How It Works and What's the Average
    The most common employer match is 50 cents on the dollar of up to 6% of your salary. In most cases, you should contribute enough to get the maximum match.  ( 25 min )
    The Fed Isn’t Fully Taking Its ‘Foot Off the Pedal,’ Loomis Says
    (Bloomberg) -- The Federal Reserve is most likely halting its interest-rate hikes in June, but a strong easing cycle isn’t in the cards with inflation remaining above the central bank’s target, according to Elaine Stokes at Loomis Sayles. Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of Americ  ( 41 min )
    Timing the market isn't easy during a debt-ceiling showdown. Investors should stick to this strategy instead.
    No content preview
    This Week in Coins: Bitcoin and Ethereum Lead Market Pullback as Dollar Rises
    Crypto enjoyed a short rally after the release of the CPI on Wednesday, but a strengthening dollar pulled prices back down. fs  ( 39 min )
    Warren Buffett's bank account, Charlie Munger's oil checks, and an Amazon bestseller: 6 nuggets from Berkshire Hathaway's annual meeting
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    It's almost impossible to trade on a US default - so here's what investors should do instead, according to Bankrate's senior economic analyst
    No content preview
    I’ll be waiting for you with my shotgun, Revolut executive texts customer
    The head of Revolut’s UK operations accidentally texted a disgruntled customer to say he would be waiting for him “in the garden with my shotgun”, it is claimed.  ( 39 min )
    Stock Traders Stay Calm About US Being on Cusp of Default
    (Bloomberg) -- The debt-ceiling standoff in Congress has the US at risk of being unable to pay its bills as soon as June 1. You’d think stock-market investors would be anxious about the uncertainty — but you’d be wrong.Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West Can't Live WithoutFlorida’s Money Man Thr  ( 40 min )
    From Warren Buffett to Paul Krugman, some of Wall Street's biggest names are shrugging off de-dollarization fears
    The US's rivals are trying to unseat the dollar. Some of the biggest names in investing think it's unlikely that they'll succeed.  ( 39 min )
    Tennessee company refuses US request to recall 67 million potentially dangerous air bag inflators
    A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request that millions of potentially dangerous air bag inflators be recalled. The National Highway Traffic Safety Administration is demanding that ARC Automotive Inc. of Knoxville recall 67 million inflators in the U.S. because they could explode and hurl shrapnel. At least two people have been killed in the U.S. and Canada, and seven others have been hurt as a result of defective ARC inflators, the agency said.  ( 39 min )
    BlackRock CEO Fink trains successors, with no imminent plan to retire
    Though Fink has no imminent plans to retire, he along with President Robert Kapito has been training these candidates for "The Great Race" - to choose the successor - in what Fink calls is the "No. 1 priority", the report said, citing an interview with the CEO. The five contenders are Mark Wiedman, who runs the global commercial business; Chief Operating Officer Rob Goldstein; and Chief Financial Officer Martin Small along with Rachel Lord, head of the Asia Pacific business, and Salim Ramji, the head of ETFs and indexing products, the report said. Fink told the newspaper he hoped to build camaraderie among the five, and not competition, so they will keep working together.  ( 39 min )
    Dow Jones Futures: Why This Market Is So Dangerous. What To Do Now.
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    AI faces legal limits in these 6 states
    How much AI protection consumers have in this country at the moment depends on where they live.  ( 39 min )
    Binance leaves Canada due to stricter crypto rules
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    A Debt-Ceiling Catch-22 for Investors
    The best outcome would be for a debt-ceiling deal to be reached before the market starts ringing alarm bells, but that might not be in the cards.  ( 26 min )
    Bad News: More American Workers Worry They Can't Afford to Retire
    Americans are not feeling good about their financial standing when it comes to preparing for retirement. Workers and retirees are nearly as worried about making their retirement money last as they were during The Great Recession, according to a new … Continue reading → The post More Workers Worry They Can't Afford to Retire appeared first on SmartAsset Blog.  ( 39 min )
    Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion?
    What are your thoughts on Roth conversions if you are in the highest tax bracket and plan to be there moving forward? -Joel If you ask some financial professionals, the answer to this question might be a resounding no, and … Continue reading → The post Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion? appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Legally Deposit a Check for Someone Else?
    While more people are opting into online banking, it's possible that you may still need to write or deposit paper checks from time to time. Depositing paper checks to your own bank account can be as simple as handing them … Continue reading → The post Can I Deposit a Check for Someone Else? appeared first on SmartAsset Blog.  ( 41 min )
    Investors predict ‘imminent’ US high-yield bond sell off
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    My Family Members Keep Relying on Me to Pay Their Bills. How Can I Stop Enabling Them?
    The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has aging parents living with their adult children and their adult children footing the bill for their parent's ill-planned retirement. All while also trying to raise … Continue reading → The post Enablement Could Leave you Permanently Footing the Bill for Your Entire Family appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Pay For Nursing Home Care With Social Security?
    According to a recent study by Genworth Financial, the median cost of nursing home care in the United States was $8,910 per month for a private room and $7,800 per month for a semi-private room in 2021. These costs are … Continue reading → The post How to Pay for Nursing Home Care With Social Security appeared first on SmartAsset Blog.  ( 40 min )
    Is It Smart or Bad to Buy a Home with an LLC?
    If you're buying an investment property, it may make sense to buy it using a limited liability corporation (LLC). While there are certain hurdles you'll have to clear, buying a house with an LLC can have many legal and financial … Continue reading → The post How to Buy a House With an LLC appeared first on SmartAsset Blog.  ( 41 min )
    Rolls-Royce CEO Embarks on ‘Last Chance’ Overhaul at Jet-Engine Maker
    Tufan Erginbilgic has replaced senior management and is renegotiating billions of dollars in contracts. He says there is more work to be done.  ( 23 min )
    Regional Banks Can’t Catch a Break
    Even as some key indicators stabilize for midsize lenders, their shares remain under pressure.  ( 26 min )
    S&P 500 Medtech Play DexCom Leads Five Stocks Near Buy Points
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    Recession? Corporate America’s earnings say it's already arrived
    (Bloomberg) -- As the US economy teeters on the brink of recession, Wall Street is already enduring what could turn out to be the most prolonged corporate profits downturn in seven years. Most Read from BloombergThis New Airline Is Raising the Bar, From First Class to EconomyYellen Says ‘We Have to Default’ on Something If Congress FailsTesla Recalls Virtually Every Car It Has Sold in ChinaFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoElon Musk Picks Linda Yaccarino  ( 41 min )
    Dental Insurance for Retirees Isn’t a Great Deal. Consider Self-Insuring.
    Stand-alone dental insurance often has limits of $1,000 to $2,000 worth of coverage a year, meaning patients still end up paying for most of the costs on expensive procedures.  ( 33 min )
    ‘It’s essentially a game of chicken.’ The debt limit standoff has no real winners and potentially one big loser: The U.S. economy
    There could be serious economic damage in the U.S. and elsewhere if the debt ceiling fight nears the default deadline.  ( 43 min )
    Inside the ‘Great Race’ at BlackRock: Who Will Replace Larry Fink?
    The only person to ever hold the title of BlackRock CEO says he has no imminent plans to retire—but he is grooming several executives who could take the reins.  ( 22 min )
    The Pain of Silicon Valley Bank’s Collapse Is Being Felt by These Depositors
    Two months after the failure of Silicon Valley Bank, the lender’s depositors in the Cayman Islands have been left out in the cold.  ( 26 min )
    Thousands of mortgage holders face new affordability checks under crackdown by City watchdog
    Banks will be forced to run onerous affordability checks on their own mortgage customers as the City regulator hits them with more red tape.  ( 39 min )
    Austin Russell became the youngest self-made billionaire in 2021; now he owns Forbes
    Austin Russell is on quite a run. The 28-year-old founder and CEO of Luminar, which develops vision-based lidar and machine perception technologies primarily for self-driving cars, told The Wall Street Journal earlier today that he is buying an 82% stake in Forbes Global Media Holdings in a deal that values the company at nearly $800 million. According to the WSJ, Russell's stake includes the remaining portion of the company owned by its namesake family, which sold 95% of the company to the Hong Kong-based investor group Integrated Whale Media back in 2014.  ( 40 min )
    Former ByteDance executive says he was dismissed for flagging illegal activity
    The dispute comes at a time when ByteDance-owned app TikTok faces growing calls for a nationwide ban from some U.S. lawmakers regarding concerns about potential Chinese government influence over it. Yintao "Roger" Yu said in a complaint filed on Friday in San Francisco state court that the Chinese tech company engaged in a "worldwide scheme to steal and profit from the content of others" without seeking permission. When Yu raised these concerns to higher management, he said they dismissed them and asked him to hide the illegal program, especially from employees in the United States, as it had stricter IP laws and class actions.  ( 38 min )
    Yellen expects US regulators to be open to mergers among midsize banks
    The current banking environment and pressures on earnings of some U.S. regional banks may lead to some concentration in the sector, and regulators will likely be open to such mergers, Treasury Secretary Janet Yellen said on Saturday. Yellen told Reuters she was not seeing evidence of pressure on smaller community banks, which had a large percentage of insured deposits. However, she said a certain degree of consolidation in the regional and midsize banking sector could occur.  ( 38 min )
    Fired ByteDance Exec Says China Exerted ‘Supreme’ Data Control
    (Bloomberg) -- A former executive at TikTok parent ByteDance Inc. who was fired in 2018 said in a lawsuit that the Chinese Communist Party had a special office within the company that gave it “supreme access” to all data, a backdoor channel that he said persisted even after US user data was walled off from individual engineers in China.Most Read from BloombergYellen Says ‘We Have to Default’ on Something If Congress FailsThis New Airline Is Raising the Bar, From First Class to EconomyFlorida’s M  ( 40 min )
    ChatGPT and Generative AI in Financial Services: Reality, Hype, What's Next, and How to Prepare
    No content preview
    Gold jumps above stocks as Americans' preferred long-term investment while real estate plunges
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    A recession and a credit crunch could result in $1 trillion of corporate debt defaults, Bank of America says
    No content preview
    Fed policy on right track, but inflation still too high, officials say
    The Federal Reserve is "on track" to doing what is necessary to meet the two mandates Congress has given it, Fed Governor Philip Jefferson said on Friday: bring inflation down and enable Americans who want jobs to get them. The Fed has raised its benchmark interest rate five full percentage points over the past 14 months. Inflation by the Fed's preferred measure has eased from 7% last summer to 4.2%, and unemployment has fallen to 3.4%, the lowest since 1969.  ( 38 min )
    Buy Topgolf Callaway Stock. Why the Battered Shares Are Worth a Shot.
    After plunging, its shares look attractive. The company is drawing crowds with its plush, high-tech driving ranges.  ( 22 min )
  • Open

    Treasury Bills (T-Bills): What You Need To Know To Invest
    A Treasury bill (T-Bill) is a short-term debt obligation issued by the U.S. Treasury and backed by the U.S. government with a maturity of less than one year.  ( 28 min )
    Household Income: What It Is and How to Calculate It
    Household income, as defined by the Census Bureau, is the total gross income of all people occupying the same housing unit who are 15 years and older.  ( 23 min )
    What Is a Good 401(k) Match? How It Works and What's the Average
    The most common employer match is 50 cents on the dollar of up to 6% of your salary. In most cases, you should contribute enough to get the maximum match.  ( 25 min )
    French Franc (F) Definition
    The French franc (F) was the national currency of France prior to France's adoption of the euro (EUR) in January 2002. It was first used in 1390. Learn more.  ( 21 min )
    Big Blue: Nickname for IBM, Overview, History
    Big Blue is a long-standing nickname for the IBM corporation, a global technology company based in the US.  ( 20 min )
    Here's How LeBron James Became the NBA's First Billionaire
    While LeBron James earned most of his money through basketball, partnerships with Nike, PepsiCo, and Walmart, as well as real estate investments, have helped jump-start his earnings  ( 20 min )
    Beat of the Week: Compass Shares Gain on Bigger Market Share, Improved Free Cash Flow
    Compass shares gained 47% for the week as the company said it expanded national market share and would be free cash-flow positive starting in the second quarter  ( 16 min )
  • Open

    Grote Duitse spoorstaking voorlopig afgewend
    De aangekondigde spoorstaking van 50 uur die zondagavond in Duitsland zou ingaan, is afgewend. Dat komt doordat het spoorbedrijf Deutsche Bahn en de spoorvakbond EVG een akkoord hebben bereikt in het arbeidsconflict tussen de twee partijen.  ( 3 min )
    Kies voor een vast energiecontract voordat de hoge opzegboete ingaat
    Bij dalende energieprijzen is het verleidelijk om op nog goedkopere energie te wachten, maar het kan handiger zijn om nu een vast jaarcontract te sluiten. Vooral omdat consumenten vanaf 1 juni bij nieuw afgesloten contracten veel hogere opzegboetes moeten betalen als ze tussentijds van het contract af willen. Je kunt ook wachten op een meerjarencontract dat nu nog niet wordt aangeboden.  ( 7 min )
    Hoge opzegboete voor energiecontract nadert: nu nog snel overstappen?
    Bij dalende energieprijzen is het verleidelijk om op nog goedkopere energie te wachten, maar het kan handiger zijn om nu een vast jaarcontract te sluiten. Vooral omdat consumenten vanaf 1 juni bij nieuw afgesloten contracten veel hogere opzegboetes moeten betalen als ze tussentijds van het contract af willen. Je kunt ook wachten op een meerjarencontract dat nu nog niet wordt aangeboden.  ( 6 min )
    NU+ | Opkomst van de SUV bedreigt klimaatdoelen en verkeersveiligheid
    Ongeveer de helft van alle nieuwe auto's die in Nederland worden verkocht, zijn SUV's. Gemiddeld rijden Nederlanders in steeds grotere auto's. Dat leidt tot extra gebruik van energie en grondstoffen, waardoor de klimaatdoelen lastiger haalbaar worden. Ook voor de verkeersveiligheid pakken de grotere wagens slecht uit.  ( 4 min )
    Vakbonden blaffen wel, maar bijten niet voor hogere lonen
    Vakbonden zetten de onderhandelingen op scherp om meer aandacht te krijgen voor hun zaak: compensatie van het koopkrachtverlies van werknemers. Maar het blijft vaak bij dreigen, want er zijn de laatste tijd veel cao's afgesloten. Van een stakingsgolf is geen sprake.  ( 5 min )

  • Open

    Executive fired from TikTok's Chinese owner says Beijing had access to app data in termination suit
    A former executive fired from TikTok’s parent company ByteDance made a raft of accusations against the tech giant Friday, including that it stole content from competitors like Instagram and Snapchat, and served as a “propaganda tool” for the Chinese government by suppressing or promoting content favorable to the country’s interests. The allegations were made in a complaint Friday by Yintao Yu, the head of engineering for ByteDance’s U.S. operations from August 2017 to November 2018, as part of a wrongful termination lawsuit filed earlier this month in San Francisco Superior Court. Yu claims he was fired for disclosing “wrongful conduct” he saw at the company.  ( 38 min )
    Wall Street Roots for Bad News. Consumers See Plenty Already.
    Sentiment readings sink amid high interest rates, debt-ceiling crisis, and inflation worries. Good news on jobs can’t dispel the gloom.  ( 22 min )
    JPMorgan opposes class-action status for Epstein accusers
    JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late financier Jeffrey Epstein to sexually abuse them. In a filing in Manhattan federal court, the largest U.S. bank said Epstein's accusers had too many differences to sue under an "oversimplified" theory that it was liable to all of them by having provided Epstein with banking services. JPMorgan said allowing a class action "skips over" how Epstein's conduct "varied from victim to victim, and across time," and that the bank's knowledge at the time and provision of banking services similarly varied.  ( 39 min )
    Austin Russell Acquires Majority Stake in Forbes Magazine
    (Bloomberg) -- Austin Russell, a 28-year-old automotive technology tycoon, acquired an 82% stake in Forbes Global Media Holdings, parent of the well-known business magazine.Most Read from BloombergYellen Says ‘We Have to Default’ on Something If Congress FailsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoThis New Airline Is Raising the Bar, From First Class to EconomyElon Musk Picks Linda Yaccarino as Next Twitter CEOTesla Recalls Virtually Every Car It Has Sold in C  ( 38 min )
    Data of 237,000 US government employees breached
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    Charles Schwab Says Client Assets Grew in April. Stock Rises.
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    Stocks forfeit gains after sentiment, inflation data: Stock market news today
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    First Solar To Buy Evolar For Up To $80 Mil; Shares Soar Above Key Level
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    First Solar Stock Surges on Deal for European Solar Tech Firm
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    McDonald's found liable for hot Chicken McNugget that burned girl
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    Revolutionizing Knee Replacements: Monogram Orthopedics Gears Up For Nasdaq IPO With Over 14,000 Retail Investors
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    De-dollarization means gold is underrated and has a 'long way to run,' says Bridgewater's Co-CIO
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    Masayoshi Son Now Owes SoftBank $5.2 Billion on Side Deals
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    U.S. Treasury yields to rise amid debt ceiling standoff: Reuters poll
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  • Open

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    Employers' Liability Insurance: Definition, Coverage, Limits
    Employers' liability insurance covers businesses against claims by employees who have suffered a job-related injury or illness, or who file lawsuits.  ( 24 min )
    Top CD Rates Today, May 12
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Down Payments for Home Purchases Fell in Q1 A From Year Earlier
    The median down payment was still 72% higher in the first quarter of 2023 than it was in the pre-pandemic first quarter of 2020.  ( 17 min )
    How to Refinance Parent PLUS Loans
    Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 21 min )
    First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
    First Solar shares jumped over 25% after the maker of solar panels bought Swedish solar thin film manufacturer Evolar for up to $80 million.  ( 16 min )
    Philip Jefferson Nominated as Fed Vice Chair
    President Biden nominated Fed Governor Philip Jefferson to be the Fed vice chair, replacing Lael Brainard.  ( 16 min )
    10 Biggest & Most Valuable Companies in the World
    With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 20 min )
    Top Savings Account Rates Today, May 11
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )
    State Street Investor Confidence Index Definition and Uses
    The State Street Investor Confidence Index measures institutional investor confidence. It is derived from looking at the risk taken by institutional investors.  ( 20 min )
    Vietnamese EV Maker VinFast to List on NYSE Via SPAC
    Vietnamese electric car maker VinFast will list in the U.S. by merging with a SPAC—Black Spade Acquisition Co.—to expands its U.S. footprint to meet growing EV demand  ( 17 min )
    Kazakhstan Tenge (KZT) Definition
    KZT is an abbreviation for the Kazakhstan tenge (KZT), the currency of Kazakhstan.  ( 18 min )
    Consumer Sentiment Plunges on Renewed Economic Worries
    Consumer sentiment plunged this month as Americans became more concerned about the health of the economy.  ( 15 min )
    Savings Rate: Definition, Influences, History in the U.S.
    The savings rate is the percentage of money taken from personal income and saved.  ( 22 min )
    Top Consumer Discretionary Stocks for May 2023
    Light & Wonder, PENN Entertainment, and Luckin Coffee are the top consumer discretionary stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Which Are the Top 10 Private Banks?
    Many of these banks have a Main Street presence, but their private banking divisions cater to their wealthiest customers.  ( 25 min )
    International Petroleum Exchange (IPE) Definition
    The International Petroleum Exchange (IPE) was a London-based exchange for futures and options on several energy-related commodities.  ( 20 min )
    Musk's Move to Hire a Twitter CEO May Return Him to Tesla's Driver's Seat
    Elon Musk said he picked a Twitter CEO, a move that could allow him to focus more on Tesla, which on Friday was forced to recall more than 1.1 million vehicles in China.  ( 19 min )
    Today's Mortgage Rates & Trends - May 12, 2023: Rates Drop Again
    Averages for every fixed-rate mortgage type dropped for a second day, with the 15-year average giving up almost a quarter point to sink to a four-week low.  ( 19 min )
    Whole Life Insurance Definition: How It Works, With Examples
    Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.  ( 30 min )
    Why the Dow Matters
    Although the DJIA only includes 30 stocks, it can tell you a lot about the market as a whole.  ( 25 min )
    What Is the Dow 30, Companies In It, Significance
    The Dow 30 is a stock index comprised of 30 large, publicly-traded U.S. companies that acts as a barometer of the U.S. stock market and economy.  ( 24 min )
    Top Indian CEOs
    Some of the top Indian CEOs are heading major corporations in the financial services and tech sectors. Learn who they are and how they're leading the charge in their respective industries.  ( 25 min )
    The CBOT vs. the CME: What's the Difference?
    Both the Chicago Board Of Trade (CBOT) and Chicago Mercantile Exchange (CME) are futures exchanges, but how do these exchanges differ from each other?  ( 22 min )
    The World’s Top Oil Producers
    Here is a look at the top five oil-producing countries, which are responsible for more than half of the world’s total output.  ( 23 min )
    Accidental Death and Dismemberment (AD&D) Insurance Definition
    Accidental death and dismemberment (AD&D) insurance covers the accidental death or the accidental loss of a limb. Learn how it works.  ( 27 min )
    5 Things to Know Before Markets Open
    Tesla shares move higher on news of a new Twitter CEO and a meeting on the debt ceiling is postponed. Here’s what investors need to know today.  ( 18 min )
    Business Leaders See 1 in 3 Chance of ‘Full-Blown Financial Crisis’
    Recent troubles in the banking system could very well lead to a “full-blown financial crisis” on par with the Great Financial Crisis, business leaders say.  ( 16 min )
    Wealthfront vs. Vanguard Personal Advisor Services: Which Is Best for You?
    Wealthfront and Vanguard Personal Advisor Services are both great robo-advisors. But Wealthfront is the better option, in most cases, unless you are a sophisticated investor.  ( 24 min )
    10 Biggest Shipping Companies
    With A. P. Møller-Mærsk leading the pack, these are the 10 biggest shipping companies by 12-month trailing revenue.  ( 19 min )
    A Primer on Philanthropic Vehicles
    Philanthropy and charitable giving are important to many clients, though philanthropic vehicles are logistically complex.  ( 25 min )
    Russell 3000 Index: Stocks and Limitations
    The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies  ( 21 min )
  • Open

    Markets Fall on a Drop in Consumer Sentiment
    U.S. equities ended the week with a losing session on Friday, May 12, 2023 as a report showed consumer sentiment sank.  ( 1 min )
    5 Things to Know Before Markets Open
    Tesla shares move higher on news of a new Twitter CEO and a meeting on the debt ceiling is postponed. Here’s what investors need to know today.  ( 1 min )
  • Open

    First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
    First Solar shares jumped over 25% after the maker of solar panels bought Swedish solar thin film manufacturer Evolar for up to $80 million.  ( 1 min )
  • Open

    Mediavrouw Linda Yaccarino gaat Elon Musk opvolgen als baas van Twitter
    Linda Yaccarino wordt de nieuwe baas van Twitter, heeft Elon Musk vrijdag aangekondigd. Yaccarino is groot geworden in de wereld van de tv-reclame en werkte hiervoor bij mediabedrijf NBC Universal. Samen met haar gaat Musk werken aan "X , de alles-app".  ( 4 min )
    Vier op de tien woningcorporaties leggen rijkere huurders extra huurverhoging op
    Vier op de tien woningcorporaties leggen huurders met een hoger (midden)inkomen een extra huurverhoging op. blijkt uit een rondgang van de Woonbond. Volgens de vereniging komen sommige huurders door de hogere woonlasten maar lastig rond.  ( 4 min )
    Storing bij ING is voorbij: betalen via de app is weer mogelijk
    De problemen waardoor ING-klanten vrijdagmiddag niet konden inloggen, zijn inmiddels verholpen. Ze kunnen nu weer bij Mijn ING inloggen en geld overmaken.  ( 3 min )
    Consumenten en malafide bedrijven vaker in conflict om zonnepanelen
    De levering en plaatsing van zonnepanelen zorgen voor steeds meer juridische conflicten. Malafide bedrijven maken misbruik van de grote vraag, maar leveren zelden goed werk af. Zo worden bepaalde onderdelen niet geleverd en ontstaat er schade aan daken, met lekkages tot gevolg.  ( 4 min )
    Bitcoinkoers daalt naar laagste punt in bijna twee maanden
    De waarde van de grootste cryptomunt bitcoin zakte vrijdagochtend naar zo'n 26.200 dollar (iets meer dan 24.000 euro). Het is de laagste koers sinds 17 maart.  ( 3 min )
    Alweer een storing bij ING: betalingen via app niet mogelijk
    Het is voor de zoveelste keer in een paar maanden mis bij ING. Klanten melden problemen met de app, waardoor ze niet kunnen inloggen of geld kunnen overmaken. De bank erkent dat er problemen zijn.  ( 3 min )
    Europeanen moeten nog even wachten op Googles AI-chatbot Bard
    Bard, de ChatGPT-concurrent van Google, komt voorlopig nog niet naar Europa. Deze week kondigde het bedrijf aan dat Bard in 180 landen beschikbaar zal komen, maar daar zaten nog geen Europese landen bij. Op termijn brengt Google Bard wel uit in Europa, belooft topman Sundar Pichai.  ( 3 min )
    Europees toezicht op banken is niet goed genoeg volgens Rekenkamer
    Het toezicht op de honderd grootste Europese banken is niet goed genoeg. De Europese Centrale Bank neemt niet snel genoeg beslissingen, is niet consequent en is te soepel voor banken die te veel risico nemen, vindt de Europese Rekenkamer.  ( 4 min )
    Zo veel stijgen de voedselprijzen in onze favoriete vakantielanden
    Wie dit jaar binnen Europa op vakantie gaat, zal niet ontkomen aan stijgende voedselprijzen. Inflatie raakt ook onze favoriete vakantiebestemmingen. Maar wie strategisch tankt en koffie drinkt, kan toch nog wat besparen op vakantie.  ( 6 min )
    Serie | Wat is er nog over van het vermogen van de Philips-familie?
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Philips treft schikking in VS vanwege omkoping in China
    Philips heeft een schikking van 62 miljoen dollar (57 miljoen euro) getroffen met Amerikaanse autoriteiten vanwege vermeende corruptie in China. Het concern, dat zich tegenwoordig vooral richt op medische technologie, zou bijvoorbeeld ziekenhuismanagers hebben beïnvloed om te kiezen voor Philips-apparatuur.  ( 3 min )
    Aantal faillissementen anderhalf keer groter dan vorig jaar
    In de eerste vier maanden van dit jaar gingen in totaal 955 bedrijven op de fles. Dat is ruim anderhalf keer zoveel als in dezelfde periode vorig jaar. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Ook op vakantie ontkom je niet aan inflatie, voedselprijzen stijgen overal
    Wie dit jaar binnen Europa op vakantie gaat, zal niet ontkomen aan stijgende voedselprijzen. Inflatie raakt ook onze favoriete vakantiebestemmingen. Maar wie strategisch tankt en koffie drinkt, kan toch nog wat besparen op vakantie.  ( 5 min )

  • Open

    Vanguard vs. TD Ameritrade: Which Should You Choose?
    Overall, TD Ameritrade is the better option. However, buy-and-hold investors who value simplicity over bells and whistles may still prefer Vanguard despite limitations.  ( 23 min )
    ACH Transfer vs. Wire Transfer: What's the Difference?
    ACH and wire transfers are two ways to send money electronically. Here’s how they work and how to decide which is better for your purposes.  ( 27 min )
    Comprehensive vs Collision Auto Insurance
    Comprehensive and collision auto insurance provides coverage for physical damage to your vehicle, but they work in different ways. Learn how they compare.  ( 25 min )
    How Credit Union Auto Loans Work
    Auto loans from credit unions can offer lower interest rates than from banks or dealerships, but may be less convenient to apply for. Learn about the pros and cons.  ( 22 min )
    Framing Effect: What It Is and Examples
    Framing effect proposes that individuals make decisions, including about investing, based on how an issue is presented, or “framed,” rather than on the facts conveyed.  ( 25 min )
    Dow Jones Today: Index Falls on Disney Downer
    Disney drags Dow down more than 200 points, while consumer staples stocks Coca-Cola and Walmart move higher.  ( 16 min )
    Markets Mixed as Disney, Regional Bank Shares Slide
    Markets finished mixed on Thursday, May 11, 2023, as Disney streaming subscribers and PacWest deposits fell, sending their shares tumbling.  ( 16 min )
    Peloton Shares Drop on Bike Recall
    Peloton shares fell close to 9% on Thursday after recalling 2.2 million bikes because of a faulty seat assembly.  ( 16 min )
    How Much Will a Car Loan Lower My Credit Score?
    Applying for a car loan likely will lower your credit score, but making on-time payments over the life of the loan will actually boost your credit score in the long term.  ( 23 min )
    How to File an Auto Insurance Claim
    If you're in an accident, you'll need to take a number of steps to file an insurance claim. Find out how to file and what to do if you're not happy with the results.  ( 25 min )
    Student Loan Payments are Set To Resume, Regardless of Court Decision on Forgiveness
    Another facet of pre-pandemic life is making its long-awaited, and for many, dreaded, comeback: the process for restarting student loan payments will begin by the end of June, a top Biden Administration official said.  ( 16 min )
    How to Get the Title After Paying Off a Car Loan
    Once you’ve made the final payment on your loan, you can get the title from your lender, and become the full owner of your car. Learn how the process works.  ( 23 min )
    Survey Shows Real Estate Is Americans' Favorite Long-Term Investment
    More Americans chose real estate over stocks, gold, savings accounts, CDs, or bonds when asked what they believed was the best long-term investment, according to a Gallup poll.  ( 16 min )
    How to Hire a Retirement Advisor
    Making a retirement plan usually shouldn’t be a do-it-yourself project unless you have expert knowledge and experience. Here is how to get help.  ( 24 min )
    Today's Mortgage Rates & Trends - May 11, 2023: Rates Ease
    After climbing for four days, mortgage rates took a notable turn downward with the 30-year average easing after almost returning to 7% territory.  ( 19 min )
    Top CD Rates Today, May 11
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    10 Biggest Silver Mining Companies
    With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 19 min )
    Standard Deviation Formula and Uses vs. Variance
    The standard deviation is a statistic measuring the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.  ( 26 min )
    Noon Rate Definition
    The now-defunct noon rate was the Canadian Dollar-U.S. Dollar exchange rate based on trading at noon and published each day by the Bank of Canada.  ( 19 min )
    A Money Mystery: What Happened To The Lowest Earners’ Pandemic-Era Cash Stash?
    What happened to all the money that lower-income households saved up during the pandemic? The answer, surprisingly, may be that much of it still hasn’t been spent.  ( 17 min )
    Only A Third of Small Businesses Have Retirement Plans
    Only one-third of small businesses offer employee retirement plans, providing an opportunity for those that do to lure top-notch job candidates in a tight labor market.  ( 17 min )
    Mother’s Day Cards, Jewelry Cost 10% More This Year
    Mother's Day greeting cards and jewelry will cost nearly 10% more this year, thanks to inflation. Shoppers can also expect price increases for flowers and cosmetics.  ( 16 min )
    Robinhood Shares Gain Ahead of 24-Hour Trading Launch
    Robinhood Markets (HOOD) shares are advancing as the online retail brokerage reported better-than-expected financial results, and said it's expanding services including enabling 24-hour trading.  ( 17 min )
    Top Consumer Staples for May 2023
    Marfrig Global Foods, Cal-Maine Foods, and e.l.f. beauty are top for value, growth, and momentum, respectively.  ( 20 min )
    Producer Prices Rose Less than Expected in April
    Wholesale prices rose less than expected last month, the second straight report this week suggesting inflation is moderating.  ( 17 min )
    How to Become an Independent Financial Advisor
    Wondering How to Become an Independent Finacial Advisor? Here are some things to consider.  ( 26 min )
    Top Chinese CEOs
    China’s rapid economic development has produced some truly inspiring CEOs over the past decade, and Chinese companies are now some of the biggest in the world. Here are some of the most successful CEOs in China.  ( 21 min )
    PacWest Shares Tumble 25% Amid Deposit Outflows
    PacWest shares fell more than 25% after the struggling regional bank reported deposit outflows of 9.5% last week, reigniting concerns about the health of the bank.  ( 16 min )
    How Much Will a Car Loan Lower My Credit Score?
    Applying for a car loan likely will lower your credit score, but making on-time payments over the life of the loan will actually boost your credit score in the long term.  ( 23 min )
    Is It Possible to Get Your Car Back After Title Loan Repossession?
    There are options to get your car back after title loan repossession. These include paying off the loan, reviving the existing loan, or buying the car at auction.  ( 23 min )
    Bank of England Raises Rates to Highest Level Since 2008
    The Bank of England raised interest rates in the U.K. to their highest level in 15 years Thursday as the central bank tries to bring some of Western Europe’s stickiest inflation to bear.  ( 18 min )
    FDIC Proposes Special Assessment on Banks to Replenish Insurance Fund
    The FDIC voted 3-2 in favor of a "special assessment" to replenish its deposit insurance fund after the collapse of Silicon Valley Bank and Signature Bank in March.  ( 19 min )
    When Did Facebook (Meta) Go Public? IPO Date and Overview
    Facebook (Meta) had one of the largest and most anticipated IPOs in history on May 18, 2012, but it failed to meet expectations. A NASDAQ glitch cost investors.  ( 22 min )
    What Does Auto Insurance Cover?
    Auto insurance provides a range of coverage, depending on what type of insurance you have. Standard insurance covers costs of property damage or injuries to others.  ( 23 min )
    What Is Full Coverage Car Insurance?
    Full coverage car insurance is auto insurance that includes liability, collision, and comprehensive policies. Learn more about what full coverage car insurance entails.  ( 22 min )
    Top Small-Cap Stocks for May 2023
    Biggest movers include Prometheus, Arcellx, and Madrigal, all more than quadrupling in price in the last year while the Russell 2000 Index is nearly unchanged.  ( 21 min )
    How to Find a BIPOC Financial Advisor or Planner
    Finding the right match can make a large impact in your financial future.  ( 23 min )
    Congress Needs To Clarify Who Regulates Crypto In The U.S., Says SEC Commissioner
    SEC Commissioner Hester Peirce said Congress needs to decide who regulates cryptocurrencies while advocating for clear yet less stringent rules for tokens.  ( 18 min )
    Top Healthcare Stocks for May 2023
    Top healthcare stocks include Azenta Inc. for best value, ShockWave Medical for fastest growth, and Viking Therapeutics for most momentum.  ( 21 min )
    5 Things to Know Before Markets Open
    Disney shares drop after reporting record streaming subscriber losses, and the Labor Department prepares to release its latest update on wholesale inflation. Here’s what investors need to know today.  ( 17 min )
    How Do I Read and Interpret a Stochastic Oscillator?
    Understand the basics of the stochastic oscillator and how analysts and traders use this measure of trend momentum to predict impending reversals.  ( 17 min )
    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 21 min )
  • Open

    Peloton shares drop on bike recall
    Peloton shares fell close to 9% on Thursday after recalling 2.2 million bikes because of a faulty seat assembly.  ( 1 min )
    Robinhood Shares Gain Ahead of 24-Hour Trading Launch
    Robinhood Markets (HOOD) shares are advancing as the online retail brokerage reported better-than-expected financial results, and said it's expanding services including enabling 24-hour trading.  ( 1 min )
    PacWest Shares Tumble 25% Amid Deposit Outflows
    PacWest shares fell more than 25% after the struggling regional bank reported deposit outflows of 9.5% last week, reigniting concerns about the health of the bank.  ( 1 min )
    Roblox Revenue, Users Jump
    Roblox shares jumped as the online video game company posted better-than-expected revenue and record numbers of users.  ( 1 min )
    Disney Shares Fall After Reporting Loss of 4M Streaming Subscribers
    Shares in Walt Disney dropped 2.4% after hours with the company reporting a 4M drop in Disney+ subscribers, and a modest earnings beat.  ( 1 min )
  • Open

    Markets mixed as Disney, regional bank shares slide
    Markets finished mixed on Thursday, May 11, 2023, as Disney streaming subscribers and PacWest deposits fell, sending their shares tumbling.  ( 1 min )
    Dow Jones Today: Index Falls on Disney Downer
    Disney drags Dow down more than 200 points, while consumer staples stocks Coca-Cola and Walmart move higher.  ( 1 min )
    5 Things to Know Before Markets Open
    Disney shares drop after reporting record streaming subscriber losses, and the Labor Department prepares to release its latest update on wholesale inflation. Here’s what investors need to know today.  ( 1 min )
    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 1 min )
    Tech Stocks Rally on Inflation News
    The major U.S. indexes finished mixed on May 10, 2023, after the Labor Department reported a slowdown in the annual rate of inflation.  ( 1 min )
    Dow Jones Today: Index (and Inflation) Slip
    Salesforce led a tech march in the Dow, while American Express and Visa fell on consumer credit worries.  ( 1 min )
  • Open

    Getaround Inc. Acquiring Assets of HyreCar for $9.45 Million
    By Exec Edge Editorial Staff Getaround Inc. (NYSE: GETR) said it plans to buy all of the assets of HyreCar Inc., which offers car rentals for gig-economy drivers, for $9.45 million. The acquisition is expected to accelerate Getaround’s “path to profitability,” the car-sharing company said. The deal is expected to close on Tuesday. “HyreCar created […]  ( 38 min )
    Tesla Stock Jumps After Musk Announces New Twitter CEO. What the Move Is Worth.
    Tesla investors have perceived Musk's role at Twitter as a distraction that prevented him from focusing on the car company.  ( 23 min )
    Market Rally Weak Outside Google; Tesla Pops On Elon Musk's Twitter News
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    Tesla Stock Rises After Elon Musk Says He's Found A Twitter CEO
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    PacWest stock plunges 23% after losing 9.5% of deposits last week
    Regional banks were under pressure again Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.  ( 40 min )
    Beyond Meat tumbles to new low after seeking to raise $200 million
    Last trading at $10.26, Beyond Meat's stock has slumped from highs of over $239 in the months following its July 2019 initial public offer, among Wall Street's hottest listings that year. Beyond Meat also said it has entered an equity distribution agreement with Goldman Sachs to sell up $200 million worth of its shares, or equivalent to about 30% of its market cap after Thursday's drop. Goldman Sachs analyst Adam Samuelson has a "sell" rating on Beyond Meat's stock, according to Refinitiv.  ( 39 min )
    Carl Icahn’s Firm OKs Buybacks, Increases Shares Backing His Debt
    (Bloomberg) -- Carl Icahn’s holding company authorized a buyback equaling almost 27% of its shares trading on the open market, potentially boosting the stock price as the financier feuds with a short seller.Most Read from BloombergJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets Rally as Candidate Withdraws Days Before VoteDimon Jabs at Trump on Debt Ceiling, Says JPMorgan Has War RoomTraders Embrace Bonds as Recession Angst Builds: Markets WrapFamily Builds $900 Million Brazi  ( 40 min )
    Elon Musk Dismisses Warren Buffett's 'Kindly Grandfather' Image As Overrated
    Tesla Inc. CEO Elon Musk has never been one to hold back his opinions, even when it comes to legendary investor and Berkshire Hathaway Inc. founder Warren Buffett. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families In a candid 2020 interview with The New York Times, Musk didn’t mince words when he discussed Buffett’s image. “He has managed to create a great image for himself as a kindly grandfather, which is maybe  ( 40 min )
    Dimon Warns of Market Panic as Default Draws Closer
    JPMorgan Chase (JPM) CEO Jamie Dimon says the unresolved debt ceiling situation could wreak havoc on the stock market. Dimon said on Bloomberg television that if a debt ceiling agreement isn’t reached, it would be “potentially catastrophic,” adding that as a government default on credit draws close  ( 26 min )
    Brazil's Petrobras to pay $5 billion in dividends, but hints at changes
    Brazil's state-run oil company Petrobras said on Thursday it will pay dividends of 1.893577 reais per share, totaling 24.7 billion reais ($4.94 billion). The company will pay a first installment to shareholders on August 18, while the second will be paid on September 20. ($1 = 5.0033 reais)  ( 38 min )
    Will Nvidia Beat Q1 Expectations? Analyst Says Likely, Backed By AI and Gaming GPU Ramp Up
    Rosenblatt analyst Hans Mosesmann reiterates Nvidia Corp (NASDAQ: NVDA) with a Buy and a $320 price target. The analyst expects Nvidia to meet or slightly beat April quarter and July quarter outlook expectations on data center Hopper H100 ramp, solid Gaming trends (Ada Lovelace), and stable networking (NICs, switching, and DPUs). He sees Nvidia driving the biggest technology inflection the world may have seen in transformational AI everywhere and in everything. Jensen’s AI vision is openly playi  ( 38 min )
    BUD Stock Has Fallen for Five Days. The Boycott Blues Have Kicked Back In.
    Shares of beer maker Anheuser-Busch InBev stock are down again as a conservative boycott continues to loom over the company.  ( 22 min )
    Charlie Munger pockets $70,000 a year from a $1,000 investment he made in 1962 - and has likely raked in over $1 million in total
    Charlie Munger, Warren Buffett's right-hand man, spent $1,000 on oil royalties in 1962. He now receives 70 times that amount from them each year.  ( 39 min )
    Cassava Sciences Stock Clears Benchmark, Hitting 80-Plus RS Rating
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    Zillow: U.S. default would see mortgage rates top 8%, home sales plummet, and the housing market slip back into a ‘deep freeze’
    If the U.S. defaults, Zillow says, mortgage rates could reach 8.4% by September.  ( 40 min )
    FAANG stocks could soar 50% this year thanks to long-term demand for tech goods and no new competition, Fundstrat's Tom Lee says
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    Jamie Dimon says he won’t be buying any more failed banks: ‘It’s a lot of work’
    “People always look at the financial deal. Forget the financial deal ... it's a lot of work,” Dimon told Bloomberg Thursday about buying beaten down banks.  ( 41 min )
    EV Startups Are Proving Warren Buffett Right
    Polestar became the latest electric-vehicle manufacturer to cut its forecast for 2023 deliveries on Thursday, sending its stock down 11%.  ( 27 min )
    Disney CEO Bob Iger says more price hikes coming to streaming services amid profitability push
    Disney CEO Bob Iger revealed more price hikes will be coming to its streaming services.  ( 41 min )
    High Court Backs California Humane-Pork Law in Industry Loss
    (Bloomberg) -- The US Supreme Court upheld California’s new humane-pork law, rejecting an industry challenge in a ruling buttressing the power of states to impose rules that have a broad economic impact on other parts of the country.Most Read from BloombergHedge Funds Drive Credit Suisse CDS Higher on Bets of a PayoutSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimAbu Dhabi Royal’s Firm Shorts US Stocks on Global Recession FearsJamie Dimon Says US Needs to 'Finish' the Bank  ( 37 min )
    Donald Trump Says Republicans Should Let the U.S. Default. What Would Happen Next.
    The U.S. came perilously close to default in 2011.  ( 39 min )
    Peloton stock tumbles after company recalls more than 2 million bikes
    Peloton's bike recall likely won't be as a detrimental to the stock as the 2021 treadmill recall, according BMO Capital Markets.  ( 39 min )
    SoftBank Says Goodbye to Alibaba, Hello to More AI Investments
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    Why Today’s 4.3% I Bond Is a Better Investment Than Last Year’s 9.6%
    Investors will get an 0.9% fixed rate plus the inflation rate over the life of the savings bonds.  ( 22 min )
    BUD Stock Jumped After Earnings. Then the Boycott Blues Kicked Back In.
    Shares of beer maker Anheuser-Busch InBev stock are down again as a conservative boycott continues to loom over the company.  ( 22 min )
    Bob Iger’s latest strategy to turn Disney’s loss-making streaming business around: Removing content—at a cost of nearly $2 billion
    Now that Iger knows what drives subscriber growth and what doesn't, he wants to thin out the bloated library of content on his loss-making streaming platforms.  ( 40 min )
    Carl Icahn's Icahn Enterprises stock slips on new Hindenburg short
    Hindenburg Research said Thursday that it had initiated a new position in Icahn Enterprises.  ( 40 min )
    Jamie Dimon Says US Needs to 'Finish' the Bank Crisis
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    Elliott Management attacks Goodyear — and the blimp isn't the problem
    Goodyear finds itself in the crosshairs of a new activist campaign.  ( 39 min )
    PacWest stock plunges 30% after losing 9.5% of deposits last week
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    Cathie Wood Calls Elon Musk 'Renaissance Man.' Says Tesla Self-Driving 'Almost There.'
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    Peloton Stock Skids After Bike Recall
    Peloton shares are down nearly 8% in morning trading after the company announced a recall affecting roughly 2.2 million bikes. Bikes sold for about $1,400 from January 2018 through this mo  ( 17 min )
    ‘This Is Beyond Anything I’ve Seen’: Mark Cuban Says He’s Amazed by the Potential Impact of AI — Here Are 2 Stocks That Wall Street Likes
    With the rise of ChatGPT, AI (artificial intelligence) has been generating an enormous amount of buzz this year, based on the tech’s potential to impact so many facets of everyday life and the way we interact with the world around us. But is it really a seismic development or just overhyped tech? Billionaire entrepreneur Mark Cuban falls resolutely in the former camp. Having recently waded in on the conversation, Cuban has said the tech’s potential is “beyond anything I’ve ever seen,” comparing  ( 42 min )
    Capital Gains Tax on Real Estate Investment Property Will Set You Back This Much
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    Adidas to Start Selling $1 Billion Pile of Yeezy Sneakers, Donate Proceeds to Charity
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    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
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    JPMorgan CEO Dimon says bank is convening a 'war room' on debt ceiling
    JPMorgan Chase & CO CEO Jamie Dimon said on Thursday bank staff are meeting weekly to discuss the potential implications for clients, contracts and markets of a potential U.S. default. While he does not expect that potentially "catastrophic" outcome, it will likely convene daily "war room" to discuss a potential default as the U.S. government get closer to running out of cash to pay its obligations, he said.  ( 38 min )
    PacWest Stock Tumbles Again. The Bank Turmoil Is Hardly Over.
    The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and May 5 after news reports that PacWest was exploring all of its options and holding talks with potential investors and partners.  ( 22 min )
    Policymakers Have a Potential Fix For Depleting Social Security Funds ... But It'll Cost You
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    Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
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    How Much Retirement Will a $250,000 Annuity Get Me?
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    Two Lithium Stocks to Buy. Analyst Sees Improving Chinese Demand.
    KeyBanc analyst Aleksey Yefremov upgraded shares of Albemarle and Livent to Buy from Hold.  ( 26 min )
    EUR/USD Forecast – Euro Drifts Toward 50-Day EMA
    The euro initially fell during the trading session on Thursday as we continue to see a lot of volatility in the Forex markets.  ( 39 min )
    JD.com Stock Jumps on Earnings Beat. The CEO Is Retiring.
    JD.com's first-quarter earnings beat expectations. The company said CEO Lei Xu will retire in June for personal reasons.  ( 22 min )
    Dow Jones Futures Fall After Inflation Data, Jobless Claims; PacWest Plunges 25% On Falling Deposits
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    Top Healthcare Stocks for May 2023
    Top healthcare stocks include Azenta Inc. for best value, ShockWave Medical for fastest growth, and Viking Therapeutics for most momentum.  ( 22 min )
    Stock futures mixed on new inflation data, regional banking concerns: Stock market news today
    Stock futures slipped on Thursday morning as investors awaited more inflation data.  ( 40 min )
    GM, Ford Could Have Trouble Selling EVs at a Profit. What It Means for Their Stocks.
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    Investors Found Ways To Protect Money From Possible U.S. Default
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    Investors Keep Buying Tesla, But Dump Apple, Microsoft, Brokerage Data Shows
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    PacWest Stock Tumbles Again. Why Is Everyone Saying Banking Turmoil Is Over?
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    Analyst Report: AECOM
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    Daily – Vickers Top Buyers & Sellers for 05/11/2023
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    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 21 min )
    This Might Be Your Last Call At Ridiculously 'Plump' 5% Rates
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    PacWest stock plummets after it moves to boost borrowing capacity
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    Why Energy Stocks Have Run Out of Gas
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    JD.com Shares Jump on Earnings Beat. The CEO Is Retiring.
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    Inflation data points to Fed pause on rate hikes
    Markets are widely pricing in an interest rate hike pause at the next Fed meeting following the release of new inflation data.  ( 40 min )
    An important update on Icahn’s perpetual dividend . . .
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    The Bank-Stock Buying Spree Continues as Insiders Snap Up Shares
    Executives and directors at U.S. banks ranging from giants such as U.S. Bancorp to tiny Byline Bancorp are scooping up more shares.  ( 22 min )
    Healthcare Stocks Are on Sale. Pfizer and Stryker Have Strong Growth Prospects.
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    SpaceX Is a Roaring Success. Could a Starlink IPO Get Elon Musk Out of His Financial Jam?
    A Starlink IPO could raise billions of dollars and give Musk another source of funds outside of Tesla stock.  ( 32 min )
    Icahn says a ‘blitzkrieg’ hit him
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Head of New Lithium Giant Building Supply Chain for Americas
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    Bitcoin drops on liquidity concerns, Ether dips; Polkadot leads winners; U.S. equity futures gain
    Bitcoin fell on Thursday morning in Asia to trade around the US$27,500 mark. Ether led the losers in the top 10 non-stablecoin cryptocurrencies.  ( 40 min )
    Here's how the economy and the stock market could react to the 4 possible outcomes of the debt ceiling standoff
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    Dow Jones Futures Rise After Nasdaq Hits 2023 High, But Curb Your Enthusiasm
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    Oil prices rise on strong fuel demand data
    Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the U.S. outweighed concerns about the possibility of the world's biggest oil producer and consumer defaulting on its debt. U.S. crude futures rose 28 cents to $72.84. Latest U.S. data showed consumer prices rose in April, increasing the likelihood that the Federal Reserve will maintain higher interest rates which can have the knock-on effect of reducing oil demand.  ( 38 min )
    Nasdaq Hits 2023 High On Google AI Push. Noteworthy, But Curb Your Enthusiasm.
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    2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says
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  • Open

    Elon Musk zegt dat hij nieuwe topvrouw voor Twitter heeft gevonden
    Elon Musk zegt dat hij een vervanger voor zichzelf heeft gevonden als hoogste baas bij Twitter. De miljardair blijft zelf als voorzitter en eindverantwoordelijke voor technologie werkzaam in het bestuur van het bedrijf.  ( 4 min )
    Schiphol heeft tekort aan beveiligers ruimschoots ingehaald
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    Verbod op tijdelijke huurcontracten komt er toch ondanks geruzie in de Kamer
    Het verbod op tijdelijke huurcontracten komt er toch, maar wel met een aantal uitzonderingen. Vorige maand ontstond er ruzie in de Tweede Kamer over de nieuwe wet. Het CDA zoekt nu de middenweg en heeft de strijdbijl met initiatiefnemers PvdA en CU begraven.  ( 5 min )
    Video | Wat is er nog over van het vermogen van de Philips-familie? (aflevering 1)
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    Video | Waarom is de Philips-familie niet een van de rijkste van ons land? (aflevering 1)
    Sander Schimmelpenninck en Elinze Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Britse waakhond verbiedt Microsoft en Activision om elkaars aandelen te kopen
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    Pornosite xHamster gaat in beroep in zaak over illegale amateurbeelden
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    EU wil nieuwe belastingen heffen om extra uitgaven te financieren
    De Europese Unie is van plan om nieuwe belastingen in te voeren. Het gaat onder meer om een grensbelasting en een heffing op cryptomunten en financiële transacties. Die inkomsten zijn nodig om uitgaven voor het coronaherstelfonds, defensie en duurzaamheid te kunnen doen.  ( 4 min )
    Britse rente naar hoogste niveau sinds wereldwijde financiële crisis in 2008
    De Britse centrale bank heeft het belangrijkste rentetarief verhoogd naar 4,5 procent om de torenhoge inflatie in het Verenigd Koninkrijk tegen te gaan. Het is de twaalfde verhoging op rij.  ( 3 min )
    Flinke loonsverhoging schoonmakers vanwege duurdere boodschappen
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    Nieuwe stakingen op Duits spoor treffen ook treinen van en naar Nederland
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    Huurprijzen in de vrije sector opnieuw een beetje gezakt
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    Duitse conducteurs en machinisten gaan vanaf zondagavond vijftig uur staken
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    Gasprijs op laagste punt sinds 2021, energierekening mogelijk verder omlaag
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    AI-wet haalt grote meerderheid bij eerste stemming Europees Parlement
    Het Europees Parlement heeft donderdag voor het eerst gestemd over de aanstaande AI-wet. Het voorstel is door een grote meerderheid goedgekeurd. Toch duurt het nog een tijdje voordat de Europese regels in werking treden.  ( 4 min )
    Ook KLM moet in de zomer vluchten schrappen door technische problemen
    KLM moet de komende maanden vluchten schrappen. Het gaat om een "beperkt aantal" vluchten met de Cityhopper-toestellen, die binnen Europa vliegen.  ( 3 min )
    Winst ING bijna vier keer zo hoog dankzij gestegen rente
    ING heeft zijn nettowinst bijna verviervoudigd in het eerste kwartaal van dit jaar. Net als ABN AMRO, dat woensdag al zijn resultaten presenteerde, heeft het financiële concern flink geprofiteerd van de gestegen rente.  ( 4 min )
    Dure boodschappen blijven voor inflatie zorgen, energie en brandstof goedkoper
    De hogere prijzen voor eten en drinken waren in april de belangrijkste oorzaak van de inflatie. Het leven was vorige maand 5,2 procent duurder dan een jaar eerder. Vooral de dure boodschappen waren daar debet aan.  ( 3 min )
    Dure boodschappen blijven zorgen voor inflatie, energie en brandstof goedkoper
    De hogere prijzen voor eten en drinken waren in april de belangrijkste reden voor de inflatie. Uit cijfers van statistiekbureau CBS blijkt dat het leven vorige maand 5,2 procent duurder was dan een jaar eerder en vooral de dure boodschappen waren daar debet aan.  ( 3 min )

  • Open

    Disney Shares Fall After Reporting Loss of 4M Streaming Subscribers
    Shares in Walt Disney dropped 2.4% after hours with the company reporting a 4M drop in Disney+ subscribers, and a modest earnings beat.  ( 16 min )
    Top Savings Account Rates Today, May 10
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )
    Tech Stocks Rally on Inflation News
    The major U.S. indexes finished mixed on May 10, 2023, after the Labor Department reported a slowdown in the annual rate of inflation.  ( 17 min )
    Fed Report Highlights Risk of Banks’ Exposure to Commercial Real Estate (CRE)
    The U.S. Federal Reserve sounded the alarm on commercial real estate (CRE), highlighting the risks of high exposure to the sector among some of the nation’s banks.  ( 18 min )
    Dow Jones Today: Index (and Inflation) Slip
    Salesforce led a tech march in the Dow, while American Express and Visa fell on consumer credit worries.  ( 17 min )
    Means Test: Definition, How It Works, Examples
    A means test is a formula that qualifies an individual or household for assistance or other benefits.  ( 19 min )
    Top CD Rates Today, May 10
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Equity Income Definition
    Equity income primarily refers to income from investments that are known to pay dividend distributions.  ( 19 min )
    Roblox Revenue, Users Jump
    Roblox shares jumped as the online video game company posted better-than-expected revenue and record numbers of users.  ( 16 min )
    Social Security Recipients May See Big Drop in Cost-of-Living Increase
    The Senior Citizens League estimates that the 2024 COLA could be 3.1%, plunging from a four-decade high of 8.7% this year.  ( 16 min )
    Market-Based Corporate Governance System
    A market-based corporate governance system defines the responsibilities of the different participants in the company, including shareholders and management.  ( 20 min )
    Top Referral Tips for Financial Advisors
    Referrals can get financial advisors more clients and increase revenues.  ( 22 min )
    Today's Mortgage Rates & Trends - May 10, 2023: Rates Continue Higher
    Mortgage rates moved generally higher for a fourth consecutive day, including a bump in the flagship 30-year average that almost returns it to 7% territory.  ( 19 min )
    Mortgage Applications Jumped Last Week
    Homebuyers may have been buoyed this week as the Federal Reserve signals a pause in interest rate hikes, according to the Mortgage Bankers Association.  ( 16 min )
    Is it Possible to Have a Credit Limit That’s too High?
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    Google AI Push Comes With Enhanced Features For Search, Maps
    Google's AI push comes with enhanced features for search, maps and photo editing as well as an expansion to 180 countries with over 40 languages.  ( 17 min )
    The New York City Economic Tracker: April 24, 2023
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    Legendary Asian-American Entrepreneurs
    These 11 entrepreneurs turned their ideas into thriving businesses that have transformed industries from high tech to medicine to fashion design.  ( 25 min )
    Here’s How Deposit Insurance Keeps Bank Accounts Safe—Even If Its Funding Runs Dry
    Even in the wake of bank failures that have diminished the funds that backstops deposit insurance, the average bank customer shouldn’t worry too much, experts say.  ( 20 min )
    Shares in Icahn Enterprises Drop 20% After Federal Investigation Confirmed
    Icahn Enterprises confirmed federal investigation, sending shares down 20%  ( 17 min )
    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Ethical Standards You Should Expect From a Financial Advisor
    Professional ethics in the financial services profession can be confusing. Here are some ways to ensure you are getting the best advice.  ( 26 min )
    Top 10 Asian American-Owned Banks
    There are more banks owned by Asian Americans than by any other racial group in the U.S. Here are 10 of the most successful ones.  ( 30 min )
    Calculating Investment Percentage Gains or Losses
    Calculating the percentage gain of an investment is easy. Here is what you need to know to determine gain or loss.  ( 23 min )
    Term Life Insurance: What It Is, Different Types, Pros and Cons
    Term life insurance is a guaranteed life benefit paid to beneficiaries of the insured after death.  ( 28 min )
    Inverted Market: Causes and Example
    An inverted market occurs when the near-maturity futures contracts are higher in price than far-maturity futures contracts of the same type.  ( 21 min )
    What Is Form 1099-G, Certain Government Payments?
    If you received unemployment compensation or a tax refund, you might get Form 1099-G. Find out what it is, why you received one, and more.  ( 25 min )
    Top Tech Stocks for May 2023
    Daqo New Energy, Rumble, and Tingo Group lead the pack for value, growth, and momentum, respectively.  ( 21 min )
    Secondary Mortgage Market Major Players
    Four major players slice and dice your mortgage in the secondary mortgage market.  ( 22 min )
    How Steve Jobs Changed the World
    An innovator and visionary, Steve Jobs' accomplishments can be held along with those of Microsoft’s Bill Gates, Google’s Larry Page, and Sergey Brin.  ( 21 min )
    How Morgan Stanley (MS) Makes Its Money
    Learn more about Morgan Stanley's operations and how it makes money.  ( 21 min )
    Gas and Vehicle Prices Fueled Stubborn Inflation in April
    Inflation, which has been in retreat for months, barely budged in April as price increases for housing, gas, and vehicles kept the overall rise in the cost of living too high for comfort.  ( 16 min )
    Does Your Financial Advisor Speak Crypto?
    As cryptocurrency gains popularity, consider speaking with a financial advisor about potential risks and rewards that come with the investment. Here's what they may say.  ( 27 min )
    Stock Trading Bot: Coding Your Own Trading Algo
    Many traders are moving to become algorithmic traders but struggle with the coding of their trading robots. Learn here the fundamentals of algorithmic trading.  ( 22 min )
    Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) Definition
    Administered by the Federal Reserve, the Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) is a quarterly survey of domestic institutions and foreign institutions operating in the United States.  ( 20 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its latest update on consumer inflation and Google will introduce new artificial intelligence technology at its developer conference. Here’s what investors need to know today.  ( 17 min )
    Rising Rates, Tighter Lending, Remote Work Squeeze Commercial Real Estate
    Commercial real estate (CRE) loans are becoming expensive and harder to get for landlords, while increasing delinquencies could be a problem for regional banks with disproportionate CRE exposure.  ( 18 min )
    Investment Time Horizon: Definition and Role in Investing
    An investment time horizon is the time an investment is held until sold. Discover the best investments for short, medium, and long-term investment horizons.  ( 23 min )
    Marketing in Business: Strategies and Types Explained
    Marketing refers to the activities of a company associated with buying, advertising, distributing, or selling a product or service.  ( 29 min )
    Cost of Goods Sold (COGS) Explained With Methods to Calculate It
    Cost of goods sold (COGS) is defined as the direct costs attributable to the production of the goods sold in a company.  ( 27 min )
    Return on Investment (ROI): How to Calculate It and What It Means
    Return on investment (ROI) is a performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments.  ( 26 min )
    Entrepreneur: What It Means to Be One and How to Get Started
    Entrepreneurs create new businesses, taking on all the risks and rewards of their company. Learn about entrepreneurship and the challenges facing entrepreneurs.  ( 37 min )
  • Open

    Beyond Meat Plans to Raise Up to $200 Million in Stock Offering
    (Bloomberg) -- Beyond Meat Inc. seeks to raise as much as $200 million in an equity offering as the plant-based burger maker contends with falling sales and a decline in cash reserves. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourTucker Carlson’s Twitter Move Wipes $235 Million From RumbleUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Ed  ( 40 min )
    Warren Buffett's Apple bet is worth $158 billion or 22% of Berkshire Hathaway's total market value. The investor gave 5 reasons why he's not stressing about the wager's size.
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    Bud Light parent company's stock downgraded by HSBC amid branding 'crisis,' huge sales drop
    HSBC is downgrading Anheuser-Busch InBev to hold following the Bud Light "crisis" involving a marketing campaign featuring transgender activist Dylan Mulvaney.  ( 39 min )
    Bud Light sales continue to fall weeks after Mulvaney promo debacle
    Sales of other Anheuser-Busch brands, including Michelob Ultra, Busch Light and Natural Light, have also taken a hit.  ( 38 min )
    Fed Report Highlights Risk of Banks’ Exposure to Commercial Real Estate (CRE)
    The U.S. Federal Reserve sounded the alarm on commercial real estate (CRE), highlighting the risks of high exposure to the sector among some of the nation’s banks.  ( 18 min )
    Paramount cuts 25% of US networks jobs, shuts down MTV News: reports
    Paramount is cutting staff and shuttering MTV News to cut costs, according to media reports.  ( 40 min )
    Top CD Rates Today, May 10
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Sonos Stock Tumbles After Speaker Maker Cuts Sales Outlook
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    Topgolf Sinks Most Since 2020 on Concern Golf Boom Is Fading
    (Bloomberg) -- Topgolf Callaway Brands Corp. tumbled by the most since October 2020 on Wednesday after the company cut its profit forecast for the year, signaling that interest in golf is cooling following a pandemic-fueled surge.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourTucker Carlson’s Twitter Move Wipes $235 Million From RumbleUS Inflation Shows Signs of Moderating, Giving Fed Room to  ( 39 min )
    Disney earnings miss estimates as streaming losses narrow, parks soar
    Disney reported quarterly earnings after the bell on Wednesday. Here's what to know.  ( 40 min )
    Carl Icahn's Icahn Enterprises stock falls 15% after company discloses federal probe
    The U.S. Attorney's office of the Southern District of New York reached out to Carl Icahn and Icahn Enterprises a day after Hindenburg Research released a short report on the holding company.  ( 39 min )
    PayPal And Palantir Both Took The AI Plunge But Reactions Were Different
    Two companies that were both partly founded by Peter Thiel reported their first quarter results, namely PayPal Holdings Inc (NASDAQ: PYPL) and Palantir Technologies Inc (NYSE: PLTR). Palantir shares catapulted on Tuesday after CEO outlined plans to capitalize AI boost, while PayPal increased its outlook for the year but its increased profitability was mostly the result of cost cutting, including staff cuts. PayPal’s Raised Profit Expectations Were Eclipsed By Adjusted Margin Guidance With its fi  ( 40 min )
    US Budget Surplus for April Plunged 43% on Weakening Tax Revenues
    (Bloomberg) -- The US federal government’s budget surplus for April was down 43% from a year ago, thanks to a slide in tax revenues for the month that annual household filings are due.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $  ( 38 min )
    Argentina Is Going Broke to Stall a Full-On Currency Collapse
    (Bloomberg) -- Argentina’s fight to prevent its problematic currency from a total meltdown is leaving the central bank, by some estimates, broke.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollThe South America n  ( 39 min )
    Trade Desk Stock Today: This Iron Condor May Generate A $125 Profit By May 12
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    Dominion CEO describes deliberation around $787.5 million settlement with Fox
    When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April, the CEO of Dominion Voting Systems and his partner saw the figure as “a very big price to put on truth and journalism and probably not a bad precedent,” Dominion head John Poulos said Wednesday. Poulos, Dominion’s co-founder and chief executive, spoke about his experience settling the historic lawsuit during an interview at the Sir Harry Evans Global Summit in Investigative Journalism in London. Dominion sued Fox News and parent company Fox Corp in 2021 over the network’s coverage of false vote-rigging claims about the voting technology firm.  ( 39 min )
    Stock Screener: This Gold Stock Packs A Punch At Less Than 10 Bucks
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    Icahn, Under Federal Investigation, Blasts Short Seller
    Facing a federal probe over practices at his investment company, activist investor Carl Icahn went on the attack against the short seller that likely spurred the inquiry.  ( 27 min )
    Analyst Report: Integer Holdings Corp
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    Analyst Report: Eaton Corporation PLC
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    Analyst Report: Church & Dwight Co., Inc.
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    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 22 min )
    IBM’s CEO says its new A.I. tools will be able to do ’30 – 50%’ of ‘repetitive’ office work after indicating his own company will pause some hiring
    Arvind Krishna thinks A.I. will become integral to many office tasks.  ( 41 min )
    These Are The 5 Best EV Stocks To Buy And Watch Now
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    Market Update: ALB, CHD, ETN, ITGR, PEAK, NET
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    Prosecutors Seek Data From Icahn Enterprises Following Short-Seller’s Report
    Icahn Enterprises said the U.S. Attorney for the Southern District of New York requested information on a range of issues, including valuation and governance.  ( 23 min )
    Carl Icahn's Icahn Enterprises stock falls 20% after company discloses federal probe
    The U.S. Attorney's office of the Southern District of New York reached out to Carl Icahn and Icahn Enterprises a day after Hindenburg Research released a short report on the holding company.  ( 39 min )
    3 REITs With Sensational First-Quarter Earnings
    Investors who are on the lookout for real estate investment trusts (REITs) that could prosper in the future need to look no further than the recent first-quarter earnings reports that were released last week. Strong earnings often drive increases in share price as well as dividend growth. Therefore, companies with the best operating results stand to do as well or better than other comparable peers. Take a look at three REITs that had sensational first-quarter earnings and are strong candidates t  ( 40 min )
    Don’t Own Apple Stock? You’re Probably Regretting It.
    Managers with relatively low exposure to tech heavyweights might be kicking themselves right about now.  ( 22 min )
    Leaked email from Microsoft CEO says salaried staff will not get raises this year due to macroeconomic conditions
    Microsoft CEO Satya Nadella told staff in an email Wednesday that the company will not be supplying raises to salaried staff due to macroeconomic conditions.  ( 39 min )
    Icahn Enterprises Shares Fall After US Attorney’s Office Requests Information
    (Bloomberg) -- Icahn Enterprises LP, under pressure from a short seller, fell as much as 20% after disclosing that the US Attorney’s office for the Southern District of New York had reached out seeking information. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTrump L  ( 39 min )
    What's Going On With AMD Stock Wednesday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher Wednesday. The positive movement could also be in sympathy with peer chipmakers, as a lot is brewing in the space. Peer chipmaker NVIDIA Corp (NASDAQ: NVDA) is also trading higher on reports of additional orders for AI chips that require Taiwan Semiconductor Manufacturing Company Ltd's (NYSE: TSM) CoWoS (chip on wafer on substrate) packaging. A lso, reports suggest that Nvidia might launch its GeForce RTX 4060-series graphics ca  ( 39 min )
    AB InBev Stock Falls as Bud Light Weakness Spreads to Other Brands
    Nationwide retail sales of Budweiser and Bud Light are down both year to date and over the four-week period ended April 29—in contrast to the industry and peers.  ( 22 min )
    CNBC anchor who accused ex-CEO of sexual harassment to leave network
    A lawyer for Gamble said her client filed a sexual harassment complaint that led to the firing of NBCUniversal chief Jeff Shell.  ( 38 min )
    'The Fed Will Not Raise Rates Again': Bond King Jeffrey Gundlach Says Rate Hikes Are Done — Is It Time For These 2 Sectors To Shine?
    The Federal Reserve announced another 25 basis point rate hike last week, bringing the federal funds rate to its highest level since 2007. But according to DoubleLine Capital Founder Jeffrey Gundlach, this should mark the end of the U.S. central bank’s hawkish stance. “The Fed will not raise rates again,” he said in a tweet. This is not the first time for Gundlach to predict that the Fed will pivot. “I predict the Federal Reserve will be cutting rates substantially soon,” he said in a tweet in M  ( 39 min )
    Warren Buffett Says, 'There's Nothing Better' Than This Strategy If You 'Do It At The Right Price.' Here Are 3 Companies Leading The Pack In This Area
    Companies can allocate their funds in various ways to create shareholder value. But in the eyes of legendary investor Warren Buffett, one method stands out above all others. “If you do it at the right price, there’s nothing better than buying in your own business,” the Berkshire Hathaway CEO said during his company’s annual shareholders meeting in 2022. Buffett was referring to stock buybacks. Basically, a company can repurchase its own shares from the open market, effectively reducing the numbe  ( 41 min )
    Microsoft reveals the A.I. skills that will be ‘crucial’ to landing any job in the future
    According to Microsoft's Work Trend Index, the labor force needs to start working on their A.I. skills immediately or risk being left behind.  ( 40 min )
    Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
    (Bloomberg) -- Costa Rica’s days of living beyond its means and running up reckless amounts of debt are over, said the nation’s president, whose fiscal turnaround is winning over currency and bond traders.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for  ( 39 min )
    Toyota Accelerates Its EV Changes With Extra $7 Billion Investment
    Toyota’s new management said it would add billions of dollars in spending to reach electric-vehicle targets, as it seeks to make up lost ground.  ( 27 min )
    Dow Jones Reverses Lower On CPI Inflation Data; Airbnb Plunges 14% On Earnings
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    European Swedish Orphan Biovitrum To Acquire CTI BioPharma For $1.7B
    Swedish Orphan Biovitrum AB (OTC: BIOVF) has agreed to acquire CTI BioPharma (NASDAQ: CTIC) for $9.10 per share of common stock in an all-cash transaction, representing an implied equity value of approximately $1.7 billion. The transaction price represents an 89% premium to CTI's closing share price on May 9, 2023, and a 95% premium to its 30-trading day volume-weighted average price of $4.67. The transaction will diversify Sobi's portfolio of hematology medicines through CTI's lead product, Von  ( 39 min )
    Airbnb stock falls 14% after company forecasts revenue slowdown
    Airbnb told investors the second quarter is turning out to be a "tougher comp" for the company, spooking markets early Wednesday.  ( 40 min )
    Roblox Losses Widen. It’s Looking to Get Costs Under Control.
    The videogame platform reports a first-quarter loss that was wider than a year earlier and wider than analysts expected.  ( 25 min )
    Reata Pharma Tumbles After Scrapping Its Kidney Drug As Earnings Come In Mixed
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    ‘Shocking Deterioration’: Bud Light Sales Hit Hard in April Amid Dylan Mulvaney Controversy — Here Are 2 Stocks That Are Poised to Benefit
    No matter what your personal view is on celebrity endorsements, there’s no denying that their support can significantly boost the visibility of a product. That is the point after all in getting a well-known figure in some promotional activities. But what happens when the chosen celebrity happens to be the wrong fit? Well, Anheuser-Busch can tell you all about that. The Bud Light-owner decided to run a promotional push for the beer by bringing on board transgender ‘influencer’ Dylan Mulvaney, who  ( 41 min )
    Teva Pharma Crumbles After First-Quarter Earnings Miss, Flat Sales
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    EU decision clearing $69 billion Microsoft, Activision deal expected May 15, sources say
    EU antitrust regulators are set to approve Microsoft Corp's $69 billion acquisition of Activision next week, with May 15 as the likeliest date, people familiar with the matter said. The European Commission's imminent clearance comes nearly three weeks after the UK competition authority blocked the deal, the biggest-ever deal in gaming, over concerns it would hinder competition in cloud gaming. The EU antitrust enforcer is expected to clear the acquisition after Microsoft agreed to licensing deals with cloud streaming rivals including Nvidia, Ukraine's Boosteroid and Japan's Ubitus, other people with direct knowledge of the matter told Reuters in March.  ( 38 min )
    Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market?
    Why does a financial advisor get a fee of 1% or more? That seems really high. If my return is only 4% (for example, in dividends), I am giving away 25% of my return, which is even worse with a … Continue reading → The post Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market? appeared first on SmartAsset Blog.  ( 41 min )
    Schwab: Do To Potentially Double Your Retirement Savings
    After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.  ( 39 min )
    How Can I Make the Most Money Off a $40,000 Investment?
    If you came into an extra $40,000, how would you use it? It might be tempting to put that money into something instantly gratifying, like a vacation. But for some, it may be wiser to use those funds to invest … Continue reading → The post How to Invest $40,000: 7 Smart Investments appeared first on SmartAsset Blog.  ( 43 min )
    Paramount didn't follow Warren Buffett's advice: Morning Brief
    It may be a short time in this one media stock for the Oracle of Omaha.  ( 40 min )
    Do You & Your Partner Have Above Average Retirement Savings For Your Age?
    A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 40 min )
    US April CPI rise gives Fed little room for pivot soon
    U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuring that the Federal Reserve keeps interest rates elevated for a while. The Consumer Price Index (CPI) rose 0.4% last month after gaining 0.1% in March, the Labor Department said on Wednesday. In the 12 months through April, the CPI increased 4.9% after advancing 5.0% on a year-on-year basis in March.  ( 38 min )
    Inflation: Consumer prices in April rise at slowest annual rate in 2 years
    A closely-watched report on US inflation showed that consumer prices remained elevated last month, but cooled slightly compared to March's annual gain.  ( 37 min )
    Ford Introduces a New Gas-Powered Truck Aimed at Global Dominance
    The all-new Ranger pickup will help Ford extend its leadership in the lucrative truck segment around the world.  ( 22 min )
    Twilio Stock Sinks. Guidance Is ‘Tough Pill to Swallow.’
    Twilio expects second-quarter revenue of between $980 million and $990 million, which is below analysts' expectations.  ( 22 min )
    Icahn Enterprises shares slide on surprise quarterly loss
    Carl Icahn's investment firm Icahn Enterprises LP on Wednesday reported a quarterly loss as volatility in markets hit investment returns. Net loss attributable to Icahn Enterprises was $270 million, or 75 cents per depositary unit, for the quarter ended March 31, compared with a profit of $323 million, or $1.06 per depositary unit, a year earlier.  ( 38 min )
    Is Tesla Stock A Buy Or A Sell Right Now With This Biden Law An 'Insurance Policy' For Investors
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    AI lending firm Upstart jumps as $2 billion funding squeezes bears
    The San Mateo, California-based company, which uses AI to verify and process loans quickly, said it would receive the capital from new and existing partners over the next 12 months, helping the firm navigate an economic slowdown. A sharp drop in demand for new loans because of high interest rates and fears of a slowdown has hammered shares of Upstart, erasing 82% of their value in the past 12 months.  ( 39 min )
    Lululemon, A Warren Buffett Favorite, Expected To See Profits Soar 100%
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    8 'Pure' Growth Stocks Are Stealthily Making Investors Rich Fast
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    Stock futures edge down as key CPI data looms: Stock market news today
    Wednesday's CPI report is  ( 40 min )
    Analyst Report: Parker-Hannifin Corp.
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    Analyst Report: PayPal Holdings Inc
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    Analyst Report: Ashland Global Holdings Inc
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    Analyst Report: Unilever PLC
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    Daily Spotlight: Values in Financials, IT, Industrials
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    Technical Assessment: Bearish in the Intermediate-Term
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    CTI BioPharma Stock Soars After Agreeing to $1.7 Billion Sale. Biotech Deals Keep Coming.
    Swedish Orphan Biovitrum will buy CTI for $9.10 a share as it looks to expand its rare hematology portfolio.  ( 22 min )
    Financial Advisors Reveal How Investors Should Prepare for Potential U.S. Debt Default – 2023 Survey
    If Congress doesn't opt to raise or extend the nation's debt limit, the United States may run out of the money needed to pay its bills. With this deadline approaching as early as June 1, SmartAsset asked financial advisors what they think … Continue reading → The post Financial Advisors Reveal How Investors Should Prepare for Potential U.S. Debt Default – 2023 Survey appeared first on SmartAsset Blog.  ( 39 min )
    Daily – Vickers Top Buyers & Sellers for 05/10/2023
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    Daily – Vickers Top Insider Picks for 05/10/2023
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    $10.6 Billion Lithium Deal to Create World’s No. 3 Producer
    (Bloomberg) -- Allkem Ltd. will combine with fellow lithium producer Livent Corp. to create a company with a valuation of $10.6 billion, the latest deal in a sector that’s benefiting from surging EV demand.Most Read from BloombergItaly Intends to Exit China Belt and Road Pact as Ties SourSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGeorge Santos Faces Cr  ( 40 min )
    US airlines thrown a curveball as consumer habits change post-pandemic
    Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to guess at what is the "new normal" as they seek to adjust by cutting flights, revamping networks and packing even more passengers into planes. Citi analyst Stephen Trent said. Travel demand has also softened on days in the middle of the week, but has strengthened on peak days.  ( 40 min )
    Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
    Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 billion of debt owed by the OPEC member by the end of 2025, four people close to the matter said. Washington in November issued a six-month, automatically renewing license to the U.S. oil company to revive largely dormant operations in Venezuela and resume crude exports to the U.S. under an exemption to sanctions on the South American country. To back up its license application, Chevron last year signed an oil-for-debt swap with Venezuela's state-run PDVSA.  ( 40 min )
    UPDATE 2-Australia's Allkem, Livent to merge into $10.6 bln lithium giant
    Australian lithium miner Allkem Ltd has inked an agreement to acquire U.S.-based chemical manufacturing firm Livent Corp in a deal that will create a $10.6 billion entity, the two companies announced on Wednesday. Following the transaction, Allkem will own 56% of the new firm, with the remaining stake going to Livent. Allkem shareholders are set to receive the right to one share of a new public holding company for each existing Allkem share, while Livent shareholders will receive 2.406 shares in the new firm for each existing Livent share.  ( 39 min )
    Upstart Stock Soars. The Beaten-Down AI Company Delivers an Outlook Surprise.
    Upstart forecasts revenue and adjusted earnings for the second quarter ahead of analysts' expectations. The company also says it secured long-term funding agreements.  ( 22 min )
    China Names Li Top Financial Regulator in Surprise Move
    (Bloomberg) -- China picked a little-known local government official as the nation’s top regulator overseeing the $61 trillion financial sector, in a surprise move after President Xi Jinping unveiled the biggest overhaul of the nation’s bureaucracy in decades.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionItaly Intends to Exit China  ( 39 min )
    These Stocks Are Moving the Most Today: Upstart, Twilio, Airbnb, Rivian, Affirm, and More Stock Market Movers
    Upstart stock surges after an upbeat outlook and progress on funding, Twilio's revenue forecast misses analysts' expectations, and Airbnb tumbles on cautious second-quarter guidance.  ( 23 min )
    Sweden’s Sobi to Buy CTI Biopharma for $1.7 Billion
    (Bloomberg) -- Swedish Orphan Biovitrum AB has agreed to buy bio-pharmaceutical company CTI BioPharma Corp. in a deal valued at $1.7 billion.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos Faces Criminal Charges by US Justice DepartmentSobi will acquire all  ( 39 min )
    China and US debt woes may dominate G7 finance chiefs' talks
    China will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country -- but also try to get Beijing's cooperation in solving global debt problems. The conflicting goals come on top of vulnerabilities the G7 rich democracies face due to their heavily reliance on China, which is the world's second-largest economy and the second biggest external holder of U.S. debt. The heightening risk of a U.S. debt default, which could jolt financial markets already jittery after recent bank failures, will overshadow the three-day meeting kicking off on Thursday in the Japanese city of Niigata.  ( 39 min )
    Worried About the Debt Ceiling? Three Ways to Protect Your Portfolio
    History shows that utilities and other defensive sectors fare best. And investors can scoop up attractive yields on short-term Treasuries.  ( 22 min )
    Stocks will drop as the economy is either about to enter a recession or the Fed is poised to keep rates higher for longer, Morgan Stanley CIO says
    Morgan Stanley has previously warned of the worst earnings recession since 2008 to hit stocks, which could send the S&P 500 tumbling by mid-year.  ( 39 min )
    Alibaba, JD.com Earnings Will Likely Give Stocks Little Help
    (Bloomberg) -- Hopes for a much-needed boost in Chinese tech shares from earnings is likely to fizzle as signs grow that the the nation’s post Covid recovery is losing steam.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos Faces Criminal Charges by US Justic  ( 40 min )
    Oil falls on surprise increase to U.S. inventories
    Oil prices fell on Wednesday, ending a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns and investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. Brent crude dropped 69 cents, or 0.9%, to $76.75 a barrel at 0643 GMT, while U.S. West Texas Intermediate (WTI) crude fell 67 cents, or 0.9%, to $73.04. In a possible sign of weakening demand, U.S. crude inventories rose by about 3.6 million barrels in the week ended May 5, while gasoline stockpiles rose by 399,000 barrels, the American Petroleum Institute reported on Tuesday according to market sources.  ( 39 min )
    Coupang’s Sales Beat Estimates After Big Spending Pays Off
    (Bloomberg) -- Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported better-than-expected revenue growth after spending to expand and lock in customer demand during an online shopping slowdown. Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollItaly Intends to Exit China Belt and Road Pact as Relations SourSteve Schwarzman Holds Off Giving Money to DeSantis After Meeti  ( 40 min )
  • Open

    Drukte op vliegvelden groter dan voor corona, maar niet op Schiphol
    Drie van de vijf grootste vliegvelden in Nederland hebben vorig kwartaal meer reizigers dan voor de coronacrisis verwerkt, maar dat gold niet voor Schiphol. Daar bleven de aantallen achter doordat moest worden gesneden in het aantal vluchten vanwege personeelstekorten. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
    2,2 miljoen Nederlanders werden vorig jaar slachtoffer van online criminaliteit
    Vorig jaar zijn 2,2 miljoen Nederlanders het slachtoffer geworden van online criminaliteit, meldt Statistiekbureau CBS donderdag. Oplichting en fraude kwamen het vaakst voor. Maar er werden ook veel mensen het slachtoffer van hacken, bedreiging en intimidatie.  ( 3 min )
    Flitsbezorgers zijn in Amsterdam alleen nog welkom op bedrijventerreinen
    Flitsbezorgers mogen zich in Amsterdam alleen nog maar vestigen op bedrijventerreinen en niet meer in woongebieden. De gemeenteraad stemde woensdag in met een bestemmingsplan daarover.  ( 4 min )
    Starter wint terrein op huizenmarkt doordat belegger zich terugtrekt
    Starters kochten in de eerste drie maanden van dit jaar meer woningen dan een jaar eerder. Vooral in de grote steden wisten jonge huizenkopers terrein te winnen. Dat blijkt uit cijfers van het Kadaster.  ( 5 min )
    Voor het eerst een vouwbare telefoon van Google: de Pixel Fold
    Google heeft woensdag voor het eerst een eigen vouwbare telefoon gepresenteerd. De Pixel Fold vouwt open als een boek en kost 1.899 euro. Ook de smartphone Pixel 7A werd gepresenteerd.  ( 5 min )
    Google kondigt grootse plannen aan voor AI in de zoekmachine
    Google heeft woensdag eindelijk bekendgemaakt welke plannen het bedrijf heeft met kunstmatige intelligentie (AI). Zo komen er grote veranderingen voor de zoekmachine, wordt de chatbot Bard beschikbaar voor iedereen en krijgen bestaande diensten zoals Gmail en Maps nieuwe AI-functies.  ( 4 min )
    Uitstel bijna gratis kinderopvang leidt volgens minister niet tot afstel
    De plannen van het kabinet voor een nieuw systeem voor bijna gratis kinderopvang zullen niet veranderen, ook al wordt de invoer ervan met twee jaar uitgesteld. Ook betekent het geen afstel. Dat drukte minister Karien van Gennip (Sociale Zaken) bezorgde Kamerleden woensdag op het hart tijdens een Kamerdebat.  ( 3 min )
    Stapje dichter bij Europese AI-wet, akkoord komt pas in 2024
    Hoe houden we kunstmatige intelligentie (AI) onder controle? In Brussel wordt al twee jaar gewerkt aan regels die het gebruik van AI in goede banen moeten leiden. Maar het duurt nog even voordat de richtlijnen er zijn, terwijl de ontwikkelingen elkaar in rap tempo opvolgen.  ( 7 min )
    Heineken ontloopt dwangsom voor blikjes zonder statiegeld
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    Recordwinst voor Amerikaanse banken ondanks onrust en faillissementen
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    Aantal aangetroffen websites met ernstig kindermisbruik in twee jaar tijd verdubbeld
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    Ahold Delhaize verkoopt meer, maar heeft ook last van hoge kosten en stakingen
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    ABN AMRO boekt ondanks bankenonrust fors meer winst
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    Turken naar de stembus terwijl prijzen de pan uit rijzen
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  • Open

    Shares in Icahn Enterprises Drop 20% After Federal Investigation Confirmed
    Icahn Enterprises confirmed federal investigation, sending shares down 20%  ( 1 min )
    5 Things to Know Before Markets Open
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    Equities Fall With Focus on Inflation, Debt Ceiling
    Markets fell on May 9, 2023, as discussions over lifting the U.S. debt ceiling took place and ahead of fresh inflation numbers.  ( 1 min )
  • Open

    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 1 min )

  • Open

    Earnings Before Interest and Taxes (EBIT): Formula and Example
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    Equities Fall With Focus on Inflation, Debt Ceiling
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    Dow Jones Today: Index Falls Ahead of Inflation Report
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    Top CD Rates Today, May 9
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    Homebuyers' Confidence Improved in April by the Most in Two Years
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    Microsoft, Goldman, Cboe Team Up For Blockchain For Institutional Crypto Assets
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    Today's Mortgage Rates & Trends - May 9, 2023: Rates Climb
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    Sam Bankman-Fried Says He's Painted "Villain" Amid FTX-Government Collusion
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    DPPs: What Advisors and Investors Need to Know
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    Form 4506, Request for Copy of Tax Return: Definition and Filing
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    When to Declare Bankruptcy
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    How to Get a Student Loan Co-signer Release
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  • Open

    Treasury debt advisers warn of 'seismic' impact from U.S. debt payment delays
    WASHINGTON (Reuters) -Wall Street executives who have advised the U.S. Treasury's debt operations for the past 25 years warned on Tuesday they are "deeply concerned" about the debt limit impasse that has markets worried about a U.S. default on payment obligations. The 18 current and former chairs and vice chairs of the Treasury Borrowing Advisory Committee (TBAC) since 1998 said in a letter to Treasury Secretary Janet Yellen, "Any delay in making an interest or principal payment by Treasury would be an event of seismic proportions, not only for financial markets but also the real economy." The advisers said the standoff between Republicans and Democrats in Congress and the White House has already raised taxpayer borrowing costs through weak Treasury auctions and high yields for short-dated Treasury Bills, while ratings agencies are already publishing analyses of potential U.S. ratings downgrades.  ( 38 min )
    Plug Power's Andy Marsh focused on hitting $1.4 billion revenue goal this year
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    Affirm Beats Expectations. Shares Still Tumble.
    The 'buy now, pay later' company posted a loss of $205.7 million, or 69 cents a share, for the quarter, topping expectations by analysts surveyed by FactSet.  ( 25 min )
    Warren Buffett on pain in commercial real estate amid tightening credit: ‘Too bad’
    Bay Area bankers are pulling in the reins on lending, some even before the March 10th collapse of Silicon Valley Bank  ( 15 min )
    Li Auto Earnings: Fast-Growing Tesla Rival To Almost Double Revenue
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    Occidental Buys Back 6.5% of Warren Buffett’s Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. redeemed $647 million, or about 6.5%, of Berkshire Hathaway Inc.’s preferred stock as the oil company begins paying back Warren Buffett four years after he helped finance its acquisition of Anadarko Petroleum Corp. Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Be  ( 39 min )
    Warren Buffett Stock Occidental Petroleum Misses Q1 Estimates As Profits Slide 48%
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    What's Going On With NVIDIA Stock Tuesday
    Nvidia Corp (NASDAQ: NVDA) shares are trading lower Tuesday as Advanced Micro Devices, Inc (NASDAQ: AMD) shared plans to showcase its growth strategy and expanding product portfolio and capabilities for data center and AI at a June 13 livestreaming event. AMD Chair and CEO Dr. Lisa Su will detail new products and momentum across data center, AI, adaptive, and high-performance computing solutions. Also, Monday reports suggested that U.S. sanctions compelled the Chinese firms, including Alibaba Gr  ( 38 min )
    Despite An Another Bad Update, Intel Still Believes It Can Uplevel Its Chip Game
    Just a few weeks after reporting its fifth consecutive quarter of falling sales and the second consecutive quarter of losses which was also the largest loss in its history, Intel Corporation (NASDAQ: INTC) is the latest to announce a new round of job cuts, joining Meta Platforms (NASDAQ: META), Alphabet Inc (NASDAQ: GOOG)(GOOGL) and other tech giants who took a hit to their bottom lines and also opted to trim their workforce in response to poor macroeconomic conditions. But, Intel still believes  ( 40 min )
    The Fed (Maybe) Finishes Hiking Rates
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    Dutch Bros 1Q Sales Surge 30%, Company Reaffirms 2023 Guidance
    By Exec Edge Editorial Staff Dutch Bros Inc. (NYSE: BROS) coffee chain reported a 30% rise in first quarter sales and reiterated its full-year guidance. Joth Ricci, Chief Executive Officer of Dutch Bros, stated, “We also saw meaningful margin expansion, driven by significant improvements in labor efficiency and G&A leverage. We doubled down in our […]  ( 38 min )
    Rivian’s Earnings Fell Short. The Stock Is Rising.
    Tuesday evening, Rivian reported a per-share loss of $1.77 from $661 million in sales. Wall Street was looking for a loss of $1.62 a share from about $664 million in sales.  ( 22 min )
    Akamai Stock Rises on Strong Results, as Security And Cloud Units Grow
    Akamai's first-quarter results topped guidance, and the second-quarter outlook topped previous Wall Street estimates.  ( 22 min )
    UPDATE 1-Occidental Petroleum misses quarterly profit estimates
    Oil and gas producer Occidental Petroleum Corp's first-quarter profit missed analysts' estimates on Tuesday, as oil prices eased amid concerns of a slowdown in global economic growth. Global oil prices pulled back during the reported quarter from the peaks reached last year following Russia's invasion of Ukraine. Brent crude averaged $81.24 a barrel in the first three months of 2023, 20% lower than year-ago levels as concerns rose over the health of the global economy amid the recent banking crisis in the U.S. and China's weaker-than-estimated economic recovery.  ( 38 min )
    Exact Sciences Posts Its 11th Consecutive Sales Beat As It Targets 'The Most Preventable' Cancer
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    Occidental Petroleum quarterly earnings down 48%, misses estimates
    Oil and gas producer Occidental Petroleum Corp's first-quarter profit missed analysts' estimates on Tuesday, as oil prices eased amid concerns of a slowdown in global economic growth The Houston-based company posted adjusted earnings of $1.09 per share for the quarter, compared with analysts' estimates of $1.24 per share, according to Refinitiv data.  ( 38 min )
    Stocks Will Rally If Inflation Data Is Soft, Goldman and JPMorgan Say
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    Rivian quarterly revenue beats estimates on higher-priced EV sales
    The company expects production ramp up of its in-house Enduro powertrains to help offset parts supply issues in the second half of the year, enabling it to meet its smaller-than-estimated target of manufacturing 50,000 units. Tesla Inc has cut prices globally this year as part of its recession playbook to increase sales volumes, pressuring smaller EV players that started deliveries just about a year ago. Amazon-backed Rivian said in March it would sell $1.3 billion in convertible green bonds due in 2029 to shore up its cash balance.  ( 38 min )
    Airbnb earnings: Stock tanks 9% after bookings miss
    Airbnb is set to report earnings Tuesday.  ( 39 min )
    Shaq tries to dismiss FTX lawsuit, saying he was inadequately served court papers because they were 'tossed' at his moving car
    The basketball star was served last month after a three-month chase, according to tweets from the law firm involved in the case.  ( 38 min )
    What's Going On With AMD Stock Tuesday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading lower Tuesday as it shared plans to showcase its growth strategy and expand product portfolio and capabilities for data center and AI at a June 13 livestream event. AMD Chair and CEO Dr. Lisa Su will join other AMD executives and key customers to detail new products and momentum across data center, AI, adaptive, and high-performance computing solutions. Recent reports claimed Microsoft Corp (NASDAQ: MSFT) denied a partnership with the  ( 38 min )
    Dow Jones Flat As McCarthy Makes Debt Ceiling Pledge. Palantir Stock Rockets On AI Claim.
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    PayPal tumbles 12%, eyes lowest close since 2017
    The stock, last trading at $66.45, was set to record its lowest closing price since October 2017. PayPal late on Monday estimated adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of 125-basis-point growth. PayPal said in January it was cutting 7% of its workforce, or about 2,000 employees, joining several technology companies that have eliminated thousands of jobs this year.  ( 38 min )
    AMD Shares Attract Big Money Support
    Advanced Micro Devices, Inc. (AMD) keep pressing higher in 2023, jumping 47%. One chart tells the story: big appetite for the shares.  ( 39 min )
    Judge dismisses lawsuit over Block's 'terrible' purchase of Jay-Z's Tidal
    A Delaware judge on Tuesday dismissed a shareholder class action seeking to hold Jack Dorsey and other board members at Block Inc liable for approving the payments company's purchase of Jay-Z's streaming service Tidal. Chancellor Kathaleen McCormick in Delaware Chancery Court said the Florida pension fund leading the case did not show that Block's directors acted in bad faith though the purchase it "seemed, by all accounts, a terrible business decision." Once known as Square, Block agreed in March 2021 to pay $306 million for an 87.5% stake in Tidal.  ( 39 min )
    Quiet quitting hits the housing market: Tight inventory and still-high mortgage rates keep would-be buyers sidelined
    Insider's Phil Rosen dives into the housing market and what declining new home listing means for buyers and sellers.  ( 39 min )
    Load up on Treasury bills for their juicy yields because the debt-limit standoff will likely be resolved, billionaire bond king Bill Gross says
    Yields on one- and two-month US Treasurys have spiked recently, with Congress struggling to end the debt-ceiling deadlock.  ( 38 min )
    The 60/40 Portfolio: Alive, Dead or Somewhere In Between?
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    Analyst Report: Carrier Global Corp
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    Analyst Report: CVS Health Corp
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    Analyst Report: Hartford Finl Servs Grp Inc
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    Analyst Report: Weyerhaeuser Co.
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    Analyst Report: Aptiv PLC
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    Analyst Report: Gentherm Inc
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    PayPal Stock Is Sliding. Why Analysts Are Sticking With the Company After Earnings.
    The payments company expects Braintree, its unbranded payment-processing business, to drive more growth.  ( 22 min )
    Market Update: THRM, CVS, HIG, PWR, WDC, WY, APTV, CARR
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    Oil Pares Losses After US Cancels SPR Sales, Plans Replenishment
    (Bloomberg) -- Oil pared losses after the Biden administration announced it was canceling some 140 million barrels of previously mandated sales and would begin replenishing strategic reserves later this year.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGoldman to Pay $215 Million to End Case on Underpaying WomenItaly Intends to Exit China Belt and Road Pact as Relations SourWorld’s Biggest Pulp Producer Considers Trading With China in YuanStocks Bogged Do  ( 38 min )
    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
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    PayPal, IBM turn to A.I. to cut costs
    PayPal’s A.I. pitch hits at the core of the current moment in the tech industry, with layoffs mounting and one of the sector’s largest players, Meta Platforms, touting a "Year of Efficiency.”  ( 40 min )
    PayPal Stock Falls on Disappointing Margin Outlook
    PayPal stock, down more than 11% in midday trading, was weighing on the Nasdaq Composite Tuesday. PayPal (ticker: PYPL) reported first-quarter sales and earnings per share that beat expectations, but the company said that its profit margin will expand at a slower pace than previously expected. That  ( 22 min )
    Rivian’s Results Are Today. Expect the Stock to Move at Least 10%.
    Cash usage, production, and demand will be in focus. The first-quarter earnings season for electric-vehicle start-ups has been downbeat so far.  ( 22 min )
    Plug Power Posts Dismal Q1. High Hydrogen Costs Are To Blame.
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    Rivian earnings: Here’s what to expect after the bell
    Rivian will be the next pure-play electric vehicle maker on the earnings docket when it reports Q1 financial results after the bell on Tuesday. With rivals Lucid and Fisker weighing on the sector today, investors will be hoping Rivian can deliver some good news for the cash-intensive, and struggling sector.  ( 39 min )
    Amazon paying some customers $10 to pick up their purchase rather than have it delivered
    Online retailer looks to cut delivery costs.  ( 39 min )
    CPI preview: Inflation expected to remain elevated in April as rate hike risks loom
    Investors will turn their attention to critical data that will help determine the future of Federal Reserve policy: the April inflation report.  ( 39 min )
    Apple May Be Bigger But Aramco’s Soaring Dividend Is Unmatched
    (Bloomberg) -- Saudi Aramco already shells out a dividend that’s worth more than payouts from the next five largest global payers combined. That gap is now set to widen.The firm’s payouts to the Saudi government and other investors — $75.8 billion last year and the highest of any listed firm — could increase by more than $20 billion in 2023, according to Bloomberg Intelligence. That extra payout alone would be equivalent to Microsoft Corp.’s estimated annual dividend. And while Apple Inc. may be  ( 38 min )
    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks Under $10 to Take Advantage
    Not so long ago, those keeping a tab on the trends of the 21st century had touted data as ‘the new oil.’ But now, Elon Musk has presented an alternative perspective, stating that lithium batteries should be considered as ‘the new oil.’ In fact, taking the analogy to its logical conclusion, on Monday, Musk was in oil-rich Texas to break ground on a lithium refinery Tesla intends to construct in Corpus Christi. The EV leader plans on splashing out $375 million on the facility so it can produce mor  ( 42 min )
    Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should I Cash in My Investments?
    Our investments were $450,000 and are now $250,000. How much do I lose before I cash in investments? -Liz I'm sorry that you've experienced such a significant financial loss. I know that can be stressful and scary as you wonder whether … Continue reading → The post Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should I Cash in My Investments? appeared first on SmartAsset Blog.  ( 40 min )
    Nikola Plans to Go in New Directions, but the Stock Is Going Down
    Nikola reported lower-than-expected sales, and the maker of electric and fuel-cell trucks announced a strategic change Tuesday morning.  ( 22 min )
    COVID-19 vaccine maker Novavax to chop workforce, expenses
    Novavax is cutting about a quarter of its workforce as the COVID-19 vaccine maker seeks to slash expenses while dealing with uncertain future revenue. The company said Tuesday that it expects to trim next year’s costs for research and development as well as selling, general and administrative expenses by about 40% to 50% compared to 2022. Novavax’s protein-based vaccine debuted long after alternatives from companies like Pfizer, Moderna and Johnson & Johnson had reached the market.  ( 39 min )
    Nikola cashes out European JV and refocuses on fuel cells at home
    Nikola will get $35 million in cash and 20.6 million of its shares from ending a joint venture with Europe’s Iveco Group, but ties remain. The post Nikola cashes out European JV and refocuses on fuel cells at home appeared first on FreightWaves.  ( 40 min )
    Novavax Stock Catapults Higher As It Scraps 25% Of Its Workforce
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    Can I Switch My Social Security Benefit to a Spousal Benefit?
    Social Security benefits can provide you with a stream of retirement income that is reliable. Deciding when to take benefits is an important question, especially if you're married and hope to qualify for spousal benefits. If you're already taking Social … Continue reading → The post Rules for Switching Social Security Benefits appeared first on SmartAsset Blog.  ( 41 min )
    Is There Anything I Can Do To Protect My Assets From Medicaid?
    Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more substantial assets can use three different strategies to shield those assets … Continue reading → The post 3 Ways to Protect Assets from Medicaid appeared first on SmartAsset Blog.  ( 40 min )
    What Your Lifestyle Will Look Like If You Retire at 55 with $5 Million
    Let's say you want to retire early, at age 55. Is $5 million enough to achieve your goal? While the cost of living varies from place to place, a nest egg this size would likely give more than enough money for … Continue reading → The post Is $5 Million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 40 min )
    These Are Wall Street’s Most Hated Stocks. Why You Should Love Them.
    Buying the most hated stocks on Wall Street isn't always a bad idea. Here are 19 disliked stocks to consider.  ( 22 min )
    Markets brace for potential debt default as deadline looms
    Debt ceiling standoffs have negatively impacted markets in the past. Due to the lack of urgency, they don’t usually weigh on stocks until the projected default day is within two weeks, according to Bank of America.  ( 40 min )
    What a U.S. Default Would Mean for Your Money-Market Fund
    The funds aren’t completely risk-free right now because Congress hasn’t raised or suspended the nation's roughly $31 trillion debt ceiling.  ( 25 min )
    Plug Power Stock Drops as Hydrogen Prices Hit Results
    The hydrogen fuel-cell technology company lost 35 cents a share in the first quarter, while Wall Street had expected a loss of 26 cents.  ( 22 min )
    Nikola to pause truck production after posting bigger quarterly loss
    Investors have focused at cash reserves at Nikola and other EV makers amid fears that slowing sales could push the companies to pursue more share sales to raise funds. "At the end of May, we plan to pause truck production as we convert the line to accommodate both hydrogen fuel cell and battery electric trucks on the same line and will resume production in July with the first saleable hydrogen fuel cell trucks," Nikola said.  ( 38 min )
    EVgo Sales Grow Almost 230%. The Stock Drops Anyway.
    The electric-vehicle charging company lost 18 cents a share from $25.3 million in sales. Wall Street expected a 19-cent loss from $27.3 million in sales.  ( 25 min )
    16 Stocks Run Circles Around Warren Buffett Over The Long Haul
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    Under Armour Beat Earnings Estimates. Why the Stock Is Falling Anyway.
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    PacWest Resumes Selloff as Battered Regional Bank Stocks Slide
    (Bloomberg) -- PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank stock resumed its decline. Most Read from BloombergGoldman to Pay $215 Million to End Case on Underpaying WomenPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePolice Raid Consulting Firm as China Starts Anti-Spy CampaignVanguard’s Trillion-Dollar Man Leads a Fixed-Income R  ( 39 min )
    Top Dividend Stocks for May 2023
    These are the Russell 3000 stocks with the highest forward dividend yield for May.  ( 24 min )
    Novavax Plans to Cut 25% of Staff. Here’s Why the Stock Is Rising.
    The Covid-19 vaccine manufacturer is aiming to sharply reduce costs as it hopes to bring new shots to the market.  ( 26 min )
    Tesla Breaks Ground on Texas Lithium Facility. Why It’s a Big Deal.
    The Texas plant will make the electric vehicles manufacturer the only North American car maker to refine its own lithium.  ( 25 min )
    Fisker Stock Falls After Production Guidance Is Cut
    Fisker expects to produce 32,000 to 36,000 vehicles in 2023, below its previous guidance.  ( 22 min )
    Daily Spotlight: Argus's Favored Classes, Segments
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    Fisker cuts production forecast as challenges mount for EV startups
    The California-based company now expects between 32,000 and 36,000 units to be produced in 2023, compared with its previous target of 42,400 cars. For the second quarter, the company expects to produce between 1,400 and 1,700 vehicles.  ( 38 min )
    PacWest leads losses in regional bank stocks
    PacWest dropped 13.6%, a day after the Los Angeles-based lender's decision to cut its quarterly dividend failed to stem worries about its financial stability. The KBW Regional Banking Index had last week touched 30-month lows after the collapse of First Republic Bank and PacWest's decision to exploring strategic options. PacWest and Western Alliance, which have been at the heart of the banking selloff, saw the steepest decline in deposits in the first quarter after First Republic, according to S&P Global Market Intelligence data.  ( 39 min )
    Novavax lays off 25% of workforce, releases 2023 outlook
    The company, which had earlier flagged significant uncertainty around generating revenue for the year, said it expects total annual revenue between $1.4 billion and $1.6 billion, relying on a timely launch of its updated COVID shot. Separately, Novavax said its COVID/flu combination shot was safe and well-tolerated in a mid-stage study, sending shares of the company up 9% before the bell. Global regulators expect COVID vaccination campaigns to be conducted once a year, similar to annual flu inoculations.  ( 38 min )
    Daily – Vickers Top Insider Picks for 05/09/2023
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    PacWest Slashed Its Dividend. Other Regional Bank Payouts Look More Secure.
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    How Disney's and DeSantis' dueling lawsuits might play out
    Walt Disney Co and Florida Governor Ron DeSantis have been embroiled in an increasingly bitter dispute, starting when the company criticized a Florida law last year, which has led to dueling lawsuits. The entertainment giant sued the Republican governor on April 26 in federal court, claiming he was "weaponizing" state government in retaliation for the company's criticism of a law that banned classroom discussion of sexuality and gender identity with younger children. The company alleged DeSantis rallied the Republican-controlled legislature to strike back at "woke Disney" and seize control of an administrative district, created in 1967, that helped Disney develop theme parks and resorts.  ( 40 min )
    UPDATE 3-Iveco to fully own venture with Nikola on electric, hydrogen trucks
    Iveco Group will buy full ownership of its joint venture with U.S. start-up Nikola Corp which develops battery electric and fuel cell heavy-duty trucks, the Italian truck maker said on Tuesday. With the move, Iveco loosens ties with troubled Nikola, after forming the joint venture in 2019 to help the Italian group, then part of CNH Industrial and a latecomer to electrification, catch up with large European rivals such as Daimler Truck and Volvo.  ( 39 min )
    PayPal Stock Falls. Its Operating Margin Growth Outlook Disappoints.
    CEO Dan Schulman said the company could see high-single-digit revenue growth.  ( 22 min )
    Futures on shaky ground after disappointing earnings forecasts
    Chip gear maker Skyworks Solutions Inc's shares tumbled 9.8% in premarket trading after projecting its current-quarter revenue and earnings short of estimates. Investors were hopeful of Skyworks' earnings following Apple Inc's strong quarterly showing on Thursday, but global smartphone sales have been suffering from weak demand. Shares of other Apple suppliers including Qualcomm and Qorvo fell 0.5% and 1.6%, respectively.  ( 39 min )
    Palantir Earnings Sent the Stock Soaring. Why Analysts Aren’t So Excited.
    The technology company's shares were set to rise almost 20% on Tuesday but Wall Street analysts see reason for caution.  ( 22 min )
    Winter gas prices 'to almost treble' as Putin's energy war intensifies - latest updates
    House prices fell 0.3pc in April, following a 0.8pc rise in March, according to a mortgage lender Halifax.  ( 37 min )
    OPEC+ Cuts Spark 75% Rout in Oil Supertanker Rates After Boom
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    China’s Speculative Stock Frenzy Spreads to Brokers and Media
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    UBS to take in Credit Suisse CEO as merger closes in 2 weeks
    UBS said Tuesday it's bringing the CEO of Credit Suisse on to its executive board and will keep the two banks operating separately “for the foreseeable future” as it moves forward with a high-profile merger expected to close within two weeks. The two Zurich-based banks, longtime rivals, are uniting in a $3.25 billion deal hastily arranged in March by Swiss government officials and regulators after Credit Suisse’s stock plunged and jittery depositors quickly pulled out their money. “This is a pivotal moment for UBS, Credit Suisse and the entire banking industry," said UBS CEO Sergio Ermotti, who was brought back to the bank to help see the deal through.  ( 39 min )
    Warren Buffett and Charlie Munger sound off on banks, rule out Occidental takeover, and warn on AI. Here are 10 highlights from Berkshire Hathaway's annual meeting
    Buffett and Munger are wary of owning bank stocks, predict pain in commercial real estate, and don't plan to acquire Occidental Petroleum.  ( 42 min )
    What the Debt Ceiling Means for Money-Market Funds
    The funds aren’t completely risk-free right now because Congress hasn’t raised or suspended the nation's roughly $31 trillion debt ceiling.  ( 22 min )
    China's shrinking imports, slower exports growth darken economic outlook
    China's imports contracted sharply in April, while exports grew at a slower pace, reinforcing signs of feeble domestic demand despite the lifting of COVID curbs and heaping pressure on an economy already struggling in the face of cooling global growth. Government officials have repeatedly warned of a "severe" and "complicated" external environment in the wake of mounting recession risks for many of China's key trading partners. Analysts say cooling global growth pointed to a longer road to recovery for the Asian giant after Beijing abruptly ended tough COVID curbs in December.  ( 38 min )
    T-bills hit by US debt ceiling worries, stocks slip ahead of CPI
    NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday after weak Chinese trade data sparked concerns about China's domestic demand recovery, while the impasse over the U.S. debt ceiling sparked a sharp sell-off in short-dated Treasury bills. A resumption of a slide in shares of regional banks sent the major stock indexes on Wall Street lower as markets await a meeting between President Joe Biden and top Republican lawmakers about raising the $31.4 trillion debt ceiling later in the day. Investors fear a government default if Congress fails to resolve the debt ceiling deadlock as early as June 1.  ( 40 min )
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    Indicted FTX founder Bankman-Fried urges court to toss charges
    NEW YORK (Reuters) -Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday asked a U.S. judge to throw out criminal charges against him over the now-bankrupt FTX's collapse. In a filing in Manhattan federal court, Bankman-Fried's lawyers said several of the charges failed to properly state an offense. Bankman-Fried, a 31-year-old former billionaire, has largely been confined to his parents' home since his December arrest in the Bahamas, where he had lived and where FTX was based.  ( 38 min )
    Schwab Began Hedging Interest-Rate Risk With About $3.9 Billion in Derivatives
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    Nobel economist Paul Krugman says the possibility of a US default is very real, and the debt ceiling should be abolished as it gives extremists an issue to 'weaponize'
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    Palantir Gains After Posting Rosy Forecast, Touting Demand for AI Tools
    (Bloomberg) -- Palantir Technologies Inc. expects to be profitable every quarter this year and described demand for its new artificial intelligence products as “without precedent.” The stock climbed as much as 20% in the first minutes of extended trading Monday.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffWhy Airfares, Hotels and Cars Are Getting So Expensive for America  ( 40 min )
    ‘Time to Buy,’ Says J.P. Morgan About These Top Aluminum Stocks
    Despite the strong jobs numbers for April, the overall economic outlook heading toward the second half of the year remains grim. Against a backdrop of elevated interest rates and recent bank failures, the odds of a recession hitting later this year are up to 64%. It’s an environment almost tailor-made to keep investors nervous – and looking for ‘recession proof’ sectors. In a recent report from JPMorgan, analyst Bill Peterson sees just such an opening in the aluminum sector. Peterson has taken a  ( 42 min )
  • Open

    Nederland telt voor het eerst meer webshops dan fysieke winkels
    Het aantal webshops is voor het eerst groter dan het aantal reguliere winkels. De laatste jaren zijn er steeds meer online winkels bij gekomen, waardoor er in Nederland nu ruim 84.000 zijn. Dat zijn er 2.000 meer dan bakstenen winkels, blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
    Philips-top onder vuur, beleggers niet blij met beleid
    De aandeelhouders van Philips zijn niet blij met de manier waarop het medisch technologiebedrijf vorig jaar gerund werd. Tijdens de jaarvergadering stemde een grote meerderheid tegen het verlenen van decharge. Dat betekent dat de aandeelhouders de bestuurders verantwoordelijk houden voor het beleid dat vorig jaar gevoerd werd.  ( 3 min )
    Ryanair plaatst megaorder bij Boeing voor driehonderd nieuwe vliegtuigen
    Budgetvlieger Ryanair heeft bij Boeing 150 vliegtuigen besteld, met een aanvullende optie voor nog eens 150 toestellen. Het is de grootste order die Ryanair ooit heeft geplaatst.  ( 3 min )
    Albert Heijn en personeel akkoord over 10 procent meer loon na lange stakingen
    De drieduizend werknemers in de distributiecentra van Albert Heijn krijgen een loonsverhoging van 10 procent. Na dagenlange stakingen zijn de supermarktketen en de vakbonden dinsdag tot een nieuwe cao gekomen.  ( 3 min )
    VDL-directie geeft geen gehoor, dus staakt personeel autofabriek nog twee dagen
    Autofabriek VDL Nedcar in Born ligt ook woensdag en donderdag stil. Het personeel zal nog eens twee dagen staken, omdat de vakbonden nog geen reactie van de bedrijfsdirectie hebben gekregen.  ( 3 min )
    Glaasje minder op Britse werkborrel zou verstandig zijn, stellen onderzoekers
    Personeel van Britse bedrijven zou op feestjes en borrels minder alcohol moeten drinken. Dit moet ongepast gedrag en intimidatie bij zulke bijeenkomsten voorkomen, schrijft BBC News op basis van een onderzoek.  ( 3 min )
    Goldman Sachs keert 215 miljoen uit aan vrouwen die te weinig betaald kregen
    De Amerikaanse zakenbank Goldman Sachs heeft in een langlopende rechtszaak over de ongelijke betaling van mannen en vrouwen een schikking van 215 miljoen dollar (196 miljoen euro) getroffen. Maar liefst 2.800 vrouwelijke medewerkers hadden een zaak aangespannen vanwege systematische onderbetaling.  ( 3 min )
    Woningbouwvereniging betaalt losgeld aan cybercriminelen na aanval
    Woonkracht10 heeft cybercriminelen losgeld betaald na een aanval die eind april plaatsvond. De Zwijndrechtse woningcorporatie heeft afspraken gemaakt met de aanvallers om te zorgen dat ze gestolen data verwijderen.  ( 3 min )
    Stakingen bij VDL Nedcar gaan door: autofabriek ligt langer stil
    Autofabriek VDL Nedcar in Born ligt ook woensdag en donderdag stil. Het personeel zal nog eens twee dagen staken, omdat de vakbonden nog geen reactie van de bedrijfsdirectie hebben gekregen.  ( 3 min )
    Nintendo Switch lijkt over hoogtepunt heen: vijfde minder spelcomputers verkocht
    Nintendo verkocht in het afgelopen jaar bijna achttien miljoen Switch-spelcomputers. Dat zijn er 22 procent minder dan een jaar eerder. Eerder wees Nintendo op chiptekorten, maar ook de populariteit van de Switch is tanende.  ( 3 min )
    Chinese investeringen worden in Europa steeds vaker geblokkeerd
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    Goldman Sachs schikt voor miljoenen in zaak over onderbetaalde vrouwen
    De Amerikaanse zakenbank Goldman Sachs heeft in een langlopende rechtszaak over de ongelijke betaling van mannen en vrouwen een schikking van 215 miljoen dollar (196 miljoen euro) getroffen. Maar liefst 2.800 vrouwelijke medewerkers hadden een zaak aangespannen vanwege systematische onderbetaling.  ( 3 min )
    Twitter houdt grote schoonmaak: duizenden slapende accounts gaan verdwijnen
    Twitter gaat accounts die al meerdere jaren niet zijn gebruikt opruimen. Door deze maatregel zullen veel twitteraars volgers kwijtraken.  ( 3 min )
    Britten zouden in strijd tegen wangedrag minder moeten drinken op bedrijfsborrels
    Personeel van Britse bedrijven zou op feestjes en borrels minder alcohol moeten drinken. Dit moet ongepast gedrag en intimidatie bij zulke bijeenkomsten voorkomen, schrijft BBC News op basis van een onderzoek.  ( 3 min )
    Koninklijke DSM is niet meer: chemiebedrijf fuseert met Zwitsers concern
    DSM en het Zwitserse Firmenich zullen definitief samensmelten tot één bedrijf. Daarmee komt er een einde aan het zelfstandige Nederlandse chemiebedrijf dat is voortgekomen uit De Nederlandse Staatsmijnen.  ( 4 min )
    Tesla investeert honderden miljoenen dollars in een eigen lithiumfabriek
    Tesla bouwt een eigen fabriek die lithium gaat produceren. De autofabrikant trekt 375 miljoen dollar (341 miljoen euro) uit voor de fabriek, die in de Amerikaanse staat Texas komt te staan.  ( 3 min )
    Twitter verwijdert accounts die niet in gebruik zijn
    Twitter gaat accounts die al meerdere jaren niet zijn gebruikt opruimen. Door deze maatregel zullen veel twitteraars volgers kwijtraken.  ( 3 min )
    LinkedIn stuurt ruim zevenhonderd medewerkers de laan uit
    LinkedIn gaat 716 banen schrappen. Dat komt neer op 3,5 procent van het totale personeelsbestand. Het zakelijke sociale netwerk verwacht een zwakkere economische groei en wil daarom kosten besparen.  ( 3 min )
    Influencer Negin Mirsalehi enige nieuwe vrouw in top 100 jonge megarijken
    Met nieuwe binnenkomer Negin Mirsalehi telt Quote's lijst van de rijkste jonge selfmade miljonairs dit jaar vier in plaats van drie vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
    Influencer Negin Mirsalehi nieuw op de lijst met jonge megarijken
    Met nieuwe binnenkomer Negin Mirsalehi telt Quote's lijst van de rijkste jonge selfmade miljonairs dit jaar vier in plaats van drie vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
    Netbeheerder wil dat provincies gaan meebetalen aan dikke stroomkabels
    Netbeheerder Stedin wil dat provincies miljoenen euro's gaan investeren in een uitbreiding van het stroomnet in hun regio. In ruil daarvoor zouden ze dan een aandeel in de netbeheerder krijgen.  ( 3 min )
    Nog geen duidelijkheid over landbouwakkoord, boerenlobbygroep wijst tekst af
    Het landbouwakkoord laat voorlopig op zich wachten. Ondanks een ultimatum van boerenlobbyorganisatie LTO ligt er deze week hoogstwaarschijnlijk zelfs nog geen definitieve tekst van een onderhandelingsakkoord. LTO wijst de concepttekst af, laat zij maandag weten.  ( 5 min )
    Negin Mirsalehi en Roemie Hillenaar mogen zich nu rekenen tot megarijken
    Met nieuwe binnenkomers Negin Mirsalehi (foto) en Roemie Hillenaar telt Quote's lijst van rijkste jonge selfmade miljonairs dit jaar drie in plaats van vijf vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar, zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
  • Open

    Microsoft, Goldman, Cboe Team Up For Blockchain For Institutional Crypto Assets
    Goldman Sachs, Deloitte, Cboe Global Markets, Microsoft (MSFT) and fintech firm Digital Asset have teamed up to create a blockchain network for institutional crypto assets.  ( 1 min )
  • Open

    5 Things to Know Before Markets Open
    President Biden will meet with Congressional leaders to try and resolve raising the nation's debt limit to avoid default. Here’s what investors need to know today.  ( 1 min )
    Markets Finish Flat Ahead of Key Inflation Data
    U.S. equities indexes were little changed on Monday, May 8, 2023, with crucial reports on inflation expected later in the week.  ( 1 min )

  • Open

    Day Trading vs. Swing Trading: What's the Difference?
    Day trading involves making dozens of trades in a single day, while swing trading involves holding positions over a period of days or weeks.  ( 24 min )
    5 Ways to Help Your Clients Experiencing Grief
    Advisors can help clients experiencing grief by following these five tips.  ( 24 min )
    Retired Securities Definition and Example
    Retired securities have been repurchased by the issuer out of the company's retained earnings and canceled.  ( 18 min )
    Markets Finish Flat Ahead of Key Inflation Data
    U.S. equities indexes were little changed on Monday, May 8, 2023, with crucial reports on inflation expected later in the week.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 8: Rates Drop
    Personal loan rates eased slightly for a second week, lowering the overall average by seven basis points.  ( 17 min )
    Top CD Rates Today, May 8
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Dow Jones Today: Index Flat on Inflation Lull
    Disney tops the box office and the Dow with Guardians of the Galaxy, but bad press helped push 3M lower.  ( 17 min )
    Where Are Savings Account Rates Headed?
    Savings account rates have already risen to record levels over the past 14 months, but will the Fed's latest announcement bump them higher, or cause them to plateau?  ( 19 min )
    The Investing Risk of Underfunded Pension Plans
    Here's why it can be difficult to determine the risk to a company's EPS and financial condition resulting from an underfunded pension plan.  ( 20 min )
    Chip-and-Signature Card
    A chip-and-signature card is a type of credit card that encodes its information in a magnetic stripe as well as a square microchip.  ( 19 min )
    White House Proposal Will Make Airlines Pay for Delays, Cancellations
    Under a new proposal, airlines would have to pay for stranded travelers' expenses if the companies aren’t able to prevent some delays and cancellations.  ( 17 min )
    Borrowing Will Get Tougher Before it Gets Easier, Banks Say
    Fed's Loan Officer Survey Shows Credit Will Get Tighter in Coming Months  ( 17 min )
    Thrift Institutions Advisory Council Definition
    The Thrift Institutions Advisory Council advised the Federal Reserve Board of Governors on the various needs and conditions of nonbank savings institutions.  ( 19 min )
    10 Biggest Retail Companies
    With Walmart leading the pack, these are the 10 biggest retail companies by 12-month trailing revenue.  ( 22 min )
    Guardian Definition
    A guardian is an individual who has been given the legal responsibility to care for a child or an adult who does not have the capacity for self-care.  ( 20 min )
    Top 5 ETFs of 2021
    The year to date returns for XOP, VDE, IYE, XLE, and LIT make them the best performing ETFs of 2021.  ( 24 min )
    Berkshire Hathaway: What It Is, Market Cap, and Who Owns It
    Berkshire Hathaway is a holding company for a multitude of businesses run by chair and CEO Warren Buffett.  ( 23 min )
    Bread Savings CD Rates: May 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 19 min )
    Home Equity Line of Credit (HELOC)
    A home equity line of credit (HELOC) is a line of credit secured by equity you have in your home.  ( 23 min )
    U.S. Barrels Toward a Uniquely American Debt Ceiling Crisis
    President Joe Biden will meet with top Republican lawmakers at the White House on Tuesday in a showdown over the debt ceiling that is a uniquely American phenomenon.  ( 17 min )
    The Rule of 55
    The rule of 55 allows certain workers to withdraw money early from employer-sponsored retirement accounts without triggering a tax penalty.  ( 23 min )
    Top Energy Stocks for May 2023
    Southwestern Energy, Black Stone Minerals, and TORM are top for best value, fastest growth, and most momentum, respectively.  ( 20 min )
    Value Stock: What It Is, Examples, Pros and Cons
    A value stock is a stock that tends to trade at a lower price relative to its fundamentals, making it appealing to value investors.  ( 27 min )
    Double Top: Definition, Patterns, and Use in Trading
    A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.  ( 26 min )
    How to Maximize Profit with Marginal Cost and Revenue
    Learn about the marginal cost of production and marginal revenue and how the two measures are used together to determine the profit maximization point.  ( 25 min )
    Cryptocurrencies To Watch: Week of May 8
    This week’s cryptocurrencies to keep an eye on are Pepe (PEPE), FLOKI (FLOKI), Stacks (STX), WOO Network (WOO), and TRON (TRX).  ( 20 min )
    Dow Jones Transportation Average (DJTA): History
    The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States.  ( 19 min )
    Futures Strip: What it is and How it Works
    A futures strip is the buying or selling of futures contracts in sequential delivery months traded as a single transaction.  ( 18 min )
    Investors’ Worries Hit Their Peak Amid Recession Fears and Bank Failures
    It’s no surprise, sticky high inflation, rising rates, recession fears and more bank failures have spiked investor cautiousness to the highest levels seen this year, according to Investopedia’s latest survey of daily newsletter readers.  ( 18 min )
    Hyperledger: Open-Source Blockchain Framework and Standards
    Hyperledger is an open-source umbrella project that offers tools for developing and using blockchain systems and applications across industry sectors.  ( 19 min )
    Top Video Game Stocks for Q2 2023
    Top video game stocks this quarter include NVIDIA Corp., Inspired Entertainment Inc., and SciPlay Corp., all of which have risen more than 25% in the last 12 months while rising interest rates have weighed on the broader market.  ( 20 min )
    10 Biggest Solar Companies
    With JinkoSolar Holding Co. leading the pack, these are the 10 biggest solar companies by 12-month trailing revenue.  ( 23 min )
    Do Reverse Mortgage Loans Require Mortgage Insurance?
    Borrowers must pay up-front and annual mortgage insurance premiums on HECM reverse mortgages, but the insurance provides several consumer protections.  ( 23 min )
    Calculating Volatility: A Simplified Approach
    Though most investors use standard deviation to determine volatility, there's an easier and more accurate way of doing it: the historical method.  ( 22 min )
    SPY ETF: The SPDR S&P 500 ETF Trust and What It Holds
    Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 24 min )
    Falling Asset Prices Could Widen Robinhood's Q1 Losses, Though Interest Revenue Grows
    Robinhood's net losses are predicted to widen to $484 million as monthly active users falls by a quarter amid inflation, interest rate hikes, and falling asset prices.  ( 18 min )
    Minimum Wage: Federal vs. State, Exceptions, and FAQs
    The minimum wage is a legally mandated price floor on hourly wages, below which nonexempt workers may not be offered a job or agree to work.  ( 28 min )
    Inside Brazil's Experiment to Transform its Economy
    The Express steamed down to Rio de Janeiro for a quick trip to discover a city trying to transform itself into Latin America's tech capital, and change the course of Brazil's economic future. From the first Web Summit held in Latin America, we spoke with Gabriela Goncalves of Nilla Capital, and Marcos Casarin of Oxford Economics about Brazil's economy today, where it's headed, and the opportunities for investors and innovation. Plus, the latest results from our sentiment survey tell us investors are as scared as we've been all year. What's bugging us, and what are we doing about it?  ( 18 min )
    Today's Mortgage Rates & Trends - May 8, 2023: Rates Rise
    Rates on most mortgages types climbed higher, in many cases by double digits. Among the gainers were jumbo 30-year loans, whose rate average hit a two-month high.  ( 18 min )
    Adjusted Premium Definition
    An adjusted premium is the premium of a life insurance policy that is adjusted by amortizing the costs associated with acquiring the insurance policy.  ( 19 min )
    5 Things to Know Before Markets Open
    Federal data is expected to show a slower pace of bank lending and the White House is looking at a proposal to make airline compensate travelers for avoidable delays. Here’s what investors need to know today.  ( 17 min )
    Disney Likely to Post Robust Earnings Growth on Direct-to-Consumer Offerings
    Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.  ( 18 min )
    What Is a Good Debt-to-Income (DTI) Ratio?
    Your debt-to-income ratio shows how much of your money goes to paying debts. It helps lenders decide whether to loan you money. Learn how it works and how to improve it.  ( 25 min )
  • Open

    'Rich Dad Poor Dad' author Robert Kiyosaki warns inflation is systemic and investors should buy gold, real estate, gas, and food
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    Vanguard’s Trillion-Dollar Man Leads a Fixed-Income Revolution
    (Bloomberg) -- When March’s bank failures ignited a historic bond rally, few, if any, made more money than Josh Barrickman.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansMitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt ImpasseUber Really Needs Lyft to Stay in the Rideshare RaceHis army of fun  ( 41 min )
    Why Skyworks Solutions Stock Is Falling After Hours
    Skyworks Solutions Inc (NASDAQ: SWKS) shares are falling after it reported second-quarter earnings, with sales meeting expectations and earnings missing estimates. The company also guided for the next quarter. Skyworks reported adjusted EPS of $2.02, missing estimates of $2.03 per share. However, the company's sales for the quarter came in at $1.15 billion against analyst estimates of $1.15 billion. The company generated second-quarter operating cash flow of $411.7 million. In other key achievem  ( 38 min )
    PayPal Earnings Top Views As Analysts Mull Raised 2023 Outlook
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    Top CD Rates Today, May 8
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Dow Jones Falls On Tightening Loan Conditions; Tech Titans AMD, Nvidia, Netflix, Uber Flash Bullish Signals
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    Apple Sells $5.25 Billion in Five-Part Dollar Bond Sale
    (Bloomberg) -- Apple Inc. tapped the US blue-chip bond market Monday as a flood of borrowers raise cash ahead of key inflation readings later this week.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansGoldman Shells Out $215 Million to End Case on Underpaying WomenMitch McConnell Warns He Has No ‘Secret Plan  ( 39 min )
    What's Going On With Exxon Mobil Shares Today
    Exxon Mobil Corp (NASDAQ: XOM) shares gained Monday as Goldman Sachs Group, Inc (NYSE: GS) reiterated its forecast for Brent prices at $95 by December 2023 and $100 for April 2024 despite the sharp declines in oil prices lately. The firm predicts that supply deficits will likely surge in the second half of the year. The current selloff was driven mainly by recessionary fears about demand, the U.S. banking crisis, and reports about increased oil production in Russia, Iran, and other OPEC nations.  ( 38 min )
    EV Startup Lucid Sees Widening Losses; Fisker, Nikola, Rivian On Deck
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    Palantir Earnings Top Estimates. CEO Karp Sees a Huge Opportunity in AI.
    The analytics software company Palantir posted a second straight quarter of GAAP profits. As for AI efforts, CEO Alex Karp says: “The machine must remain subordinate to its creator."  ( 22 min )
    S&P 500 Stocks: Carnival, AMD Are Big Winners Today
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    PayPal adjusted margin forecast cut eclipses higher profit expectations
    While a cost-of-living crisis has now begun to squeeze budgets, particularly of lower income households, consumer spending has remained remarkably steady in the face of a looming economic slowdown. The upbeat forecast echoes expectations of card giants Visa and Mastercard that have remained largely upbeat about spending volumes on pent-up travel demand and resilient consumer spending. The company said it now expects full-year adjusted profit to grow about 20% to $4.95 per share, above analysts' average estimate of $4.88 per share, according to Refinitiv IBES data.  ( 39 min )
    Palantir Earnings, Revenue Top Estimates On Strong Commercial Growth
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    UPDATE 2-Devon Energy tops profit estimates on strong demand, boosts share buyback
    Shale oil producer Devon Energy on Monday topped Wall Street estimates for first-quarter profit on high demand for crude oil, and raised its share repurchase program by 50% to $3 billion. Energy companies have started boosting investor returns since last year with the excess cash they generated aided by higher crude prices. While crude price fell during the first quarter, nearly 20% lower compared to last year when prices soared to multi-year peaks following Russia's invasion of Ukraine, they were still high enough for producers to remain profitable.  ( 38 min )
    Skyworks Stock Sinks After Chipmaker Guides Low For Current Quarter
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    Bud Light Sales Volume Fell 21.4% in April, Hurt by Transgender Backlash
    Volume was 21.4% lower in April, while the overall figure for parent Anheuser-Busch fell 12.5 % in the month, according to Beer Business Daily.  ( 22 min )
    What's Going On With AMD Stock Monday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares gained on Monday as reports claimed Microsoft Corp (NASDAQ: MSFT) denied a partnership with the chipmaker for its Athena artificial intelligence chip. Reportedly, Frank Shaw, a Microsoft spokesman, denied that AMD is part of Athena. "AMD is a great partner," he said. "However, they are not involved in Athena." Also, separate reports suggested that U.S. sanctions compelled the Chinese firms, including Alibaba Group Holding Limited (NASDAQ: BABA), B  ( 38 min )
    Concern over TD anti-money-laundering practices helped scuttle First Horizon deal
    TD agreed to buy First Horizon in February 2022 in a deal that would have created the sixth-largest U.S. lender. The banks said they expected to complete the transaction by January.  ( 40 min )
    Seeking at Least 9% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    The market is being buffeted by conflicting headwinds, making the pundits’ job harder. While inflation appears to be moderating, with the annualized rate down to 5% in March – the lowest since the summer of 2021 – the job market remains surprisingly robust. Last month, the BLS reported 253,000 new jobs, exceeding the predicted 180K, and an unemployment rate of just 3.4% compared to a forecast of 3.6%. The robust job numbers present a challenge for the Federal Reserve, which is tasked with managi  ( 42 min )
    Occidental Begins Buying Back Warren Buffett’s $10 Billion in Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. began buying back Berkshire Hathaway Inc.’s $10 billion of preferred stock, four years after Warren Buffett’s firm made the investment during the oil producer’s takeover of Anadarko Petroleum Corp. Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansGoldman Shells Out $  ( 39 min )
    Advanced Micro Devices Stock Sees RS Rating Jump To 83
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    Concern Over TD Anti-Money-Laundering Practices Helped Scuttle First Horizon Deal
    Toronto-Dominion Bank’s handling of suspicious customer transactions was behind regulators’ refusal to bless the Canadian lender’s $13.4 billion bid to buy First Horizon, people familiar with the matter said.  ( 29 min )
    Yellen warns of a "constitutional crisis" as the US debt ceiling deadline approaches
    US Treasury secretary Janet Yellen has warned that a failure by Congress to raise the debt ceiling in the coming weeks could lead to a “constitutional crisis.” According to Yellen, who made the comments during a May 7 appearance on ABC News’s This Week, the US could run out of cash as early as June 1.  ( 39 min )
    What's Going On With Microsoft Stock Today
    Microsoft Corp (NASDAQ: MSFT) shares are trading lower on Monday for no company-specific news. The stock is up 30% YTD, signaling an upside from the ChatGPT frenzy. In 2023, Microsoft launched its AI-powered search engine, Bing AI, building on its partnership with OpenAI, intensifying rivalry with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. Also Read: Microsoft's Premium ChatGPT Service Set to Supercharge Azure Growth: Analyst Predicts Even Wider Lead Over AWS Reports in April suggested  ( 38 min )
    Worst Isn’t Over for US Stock Market, JPMorgan’s Kolanovic Warns
    (Bloomberg) -- Expectations among US stock investors that the worst of pressures may have passed will likely be proven wrong as recession risk still looms, according to JPMorgan Chase & Co.’s Marko Kolanovic.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotel  ( 39 min )
    Bill Gross Advises Buying T-Bills to Bet Debt-Ceiling Issues Will Be Resolved
    (Bloomberg) -- Bill Gross, the former chief investment officer of Pacific Investment Management Co., recommended buying short-term Treasury bills, expecting the debt-ceiling issue eventually gets resolved. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotels  ( 37 min )
    Apple and Amazon Stock Could Power the S&P 500 to 4400
    Stifel Market Strategist Barry Bannister says an environment friendly to growth and value stocks could seed an index rally in the second and third quarters.  ( 22 min )
    Frank founder accused of fraud notches big win against JPMorgan as bank must pay her legal bills
    JPMorgan Chase fired Charlie Javice in November 2022. Now the bank must pay her legal fees, according to a Delaware Chancery Court ruling.  ( 41 min )
    'Just Miss A Few Payments, Screw Up Your Credit Score': Peter Schiff Slams Biden's New Mortgage Rule. Here's How To Invest In Real Estate Without Buying A House
    Mortgage fees are changing under the new rules from the Biden administration’s Federal Housing Finance Agency. Because some borrowers with good credit may end up paying higher fees compared to those with lower credit scores, the change has sparked a discussion. Among the critics is Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. During an interview posted on Schiff’s YouTube channel, the host shared his intention to buy a home but voiced concerns about getting punished if  ( 39 min )
    Life according to Warren Buffett and Charlie Munger: Write your own obituary and avoid toxic people
    The Berkshire Hathaway investors shared their wisdom at the company's annual shareholder meeting—including how to succeed in life and avoid mistakes.  ( 40 min )
    Lucid earnings preview: Production, profitability in focus for luxury EV-maker
    Lucid Motors will release Q1 earnings after the bell on Monday, a crucial report for the pure play electric vehicle maker looking to assuage investor concerns about production, and profitability.  ( 39 min )
    Occidental Starts Paying Off Berkshire’s 8% Preferred Stock
    The oil company is starting to rid itself of a source of high-cost financing, but Warren Buffett's company is likely to continue to benefit from it for years.  ( 22 min )
    Stifel raises S&P forecast, citing 'economic resilience'
    Stifel sees upside for the S&P 500 as earnings continue to beat estimates.  ( 40 min )
    Shockwave Tumbles As Boston Scientific Takeover Talk Reportedly Breaks Down
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    Zscaler Stock Shoots Up on Boost to Revenue Outlook
    The cloud-security company said it expects revenue for its third fiscal quarter to be higher than it had forecast.  ( 22 min )
    Woman who sued over Subway tuna seeks to quit case; Subway demands sanctions
    The California woman suing Subway for claiming its tuna products contain ingredients other than tuna wants to end her lawsuit because she is pregnant, prompting Subway to demand her lawyers be sanctioned for bringing a frivolous case. Nilima Amin said her "severe" morning sickness and "debilitating" conditions as she prepares for a third child have left her "unable to proceed with the obligations as plaintiff," and require her to focus on her health and family. In a May 4 filing, Subway said Amin's excuse flunked the "straight-face" test, and her lawyers likely realized it would not "simply pay the windfall settlement that they hoped to get by constructing a high-profile shakedown."  ( 38 min )
    10 Biggest Solar Companies
    With JinkoSolar Holding Co. leading the pack, these are the 10 biggest solar companies by 12-month trailing revenue.  ( 23 min )
    JPMorgan Ordered to Pay Charlie Javice’s Legal Fees in Frank Fraud Case
    (Bloomberg) -- JPMorgan Chase & Co. must pay Frank founder Charlie Javice’s defense costs in its suit accusing her of defrauding in its $175 million acquisition of her college-loan-planning site.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollSingapore’s Soaring Rents Are Be  ( 39 min )
    Why Catalent Stock Is Tumbling Today
    Catalent Inc (NASDAQ: CTLT) will be delaying the release of its third fiscal quarter results and investor conference call, previously scheduled for Tuesday, May 9, 2023. The company expects to file its Quarterly Report on Form 10-Q on May 15, 2023. In April, Catalent reported productivity challenges and higher-than-expected costs at its drug product and drug substance manufacturing facilities in Bloomington, Indiana, and Brussels, Belgium. Life-sciences company Danaher Corporation (NYSE: DHR) al  ( 38 min )
    Stock Market Off Lows Ahead Of Inflation Report; Analyst Warns Buffett About Apple 'Concentration Risk'
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    Why Warren Buffett Prefers Cash to Stocks Right Now
    The Berkshire Hathaway CEO is renowned for his stock-picking, but right now his favorite investment appears to be cash.  ( 22 min )
    Why Warren Buffett Prefers Cash to Stocks Right Now
    A 5%T-bill is pretty attractive when equities appear expensive.  ( 22 min )
    What's Going On With Sea Stock Today
    Sea Limited (NYSE: SE) shares gained on Monday over reports of a pay boost. Sea's founder declared a 5% pay hike for most employees starting July, signaling a turnaround for the e-commerce and gaming business after years of bleeding losses. Workers who joined on or before March 31 will get the salary bump, Bloomberg cites Forrest Li's internal memo. He said Sea has reached "self-sufficiency" as its cash balance is increasing rather than shrinking every quarter, months ahead of a target set last  ( 38 min )
    Catalent Stock Sinks. It Expects to ‘Significantly Reduce’ Guidance.
    Catalent anticipates a significant reduction to both its fiscal 2023 revenue and adjusted earnings before interest, taxes, depreciation and amortization guidance.  ( 22 min )
    2 Ways to Earn Billions: Warren Buffett and Charlie Munger Talk Elon Musk
    The Tesla CEO was one of the many topics that came up at Berkshire Hathaway's annual meeting of shareholders in Omaha on Saturday.  ( 22 min )
    Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Trading in Oversold Territory
    Every investor would naturally like to see the stocks that make up their portfolio show a consistent upward curve, but that, as everyone learns eventually, is just not the way it works. Peaks and troughs are part of the investing game, and even the stock market kings go through periods of serous pullbacks for one reason or another, be it macro developments or some news item that spooked investors. And every so often, despite sound fundamentals, the pendulum swings too far into negative terrain,  ( 41 min )
    Advent, Warburg Pincus Lead Multi-Billion Buyout Bid For Baxter's BioPharma Solutions
    A buyout consortium comprising Warburg Pincus and Advent International is in advanced talks to acquire Baxter International Inc's (NYSE: BAX) biopharma solutions business. BioPharma Solutions offers contract manufacturing services to the pharma and biotech industries. The deal value could reach or exceed $4 billion. Warburg Pincus and Advent have submitted the most attractive offer to Baxter in an auction that drew interest from other private equity firms and major players, including Thermo Fish  ( 39 min )
    Tyson Foods Reports Loss, Cuts Revenue Outlook for the Year
    The meat processor swung to a loss as it grappled with higher costs and flat revenue. Shares declined more than 10%.  ( 25 min )
    Ask An Advisor: Where Should I Stash Short-Term Savings?
    I'm holding $300,000 in cash that I plan to put into a new home. With the market as it is, I'm putting off that purchase for six to nine months. I'm 66 years old, single and plan to retire within … Continue reading → The post Ask An Advisor: Where Should I Stash Short-Term Savings? appeared first on SmartAsset Blog.  ( 40 min )
    The Reverse 4% Rule Puts Retirement Income, Spending Into Perspective
    A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.  ( 36 min )
    Zscaler Preannounces Strong Results. The Cybersecurity Stock Is Soaring.
    No content preview
    The Debt Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare
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    US Cities Where It's Cheaper to Buy Than Rent a Home
    Potential homeowners may feel left in the dust with recent increases in costs and interest rates. But with the right combination of factors in some U.S. cities, the costs of homeownership may actually be less than the cost of renting, … Continue reading → The post Buy vs. Rent: A Comparison of Housing Costs in U.S. Cities – 2023 Study appeared first on SmartAsset Blog.  ( 40 min )
    U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell
    The number of tokens the regulator has labeled as securities almost tripled in 2022.  ( 25 min )
    Regional Bank Stocks Rebound. PacWest Rockets After Dividend Cut.
    No content preview
    Weight Loss Brand Jenny Craig Files for Bankruptcy, Shuts Down
    (Bloomberg) -- Weight loss brand Jenny Craig has begun liquidating its operations in the US after efforts to ease a cash crunch fell short. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJenny C Holdings LLC an  ( 38 min )
    Dow Jones Futures Rise As PacWest Soars On Dividend Cut. Occidental Drops On Warren Buffett Comments.
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    Is Apple Stock A Buy After iPhone Maker's March-Quarter Earnings Beat?
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    Why PepsiCo hires 2,000 new grads every year regardless of economic conditions
    PepsiCo hires 2,000 U.S. graduates every year, says its CHRO.  ( 39 min )
    Tyson Foods Reports Loss, Cuts Revenue Outlook for the Year
    The Springdale, Ark.-based company posted a loss of $97 million in the period ended April 1, compared with net income of $829 million a year earlier.  ( 26 min )
    BioNTech Revenue Falls. Why the Stock Is Climbing Anyway.
    BioNTech's first-quarter revenue falls from a year earlier as demand for Covid-19 vaccines wanes but still tops analysts' estimates.  ( 26 min )
    Short Sellers Won't Bet Against Eight Rock-Solid Buffett-Like Stocks
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    Bud Light parent Anheuser-Busch to help distributors amid Mulvaney controversy
    Anheuser-Busch InBev is planning to help distributors feeling the sting of the controversy involving the beer giant's promotional effort with transgender activist Dylan Mulvaney.  ( 40 min )
    Is AMD Stock A Buy After Chipmaker's First-Quarter Report?
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    Dish Stock Falls. Profit Wasn’t the Problem.
    First-quarter earnings at the satellite and streaming video provider hit expectations but it lost more pay-TV subscribers than analysts had expected.  ( 22 min )
    Stock futures inch up as regional banks rally: Stock market news today
    The major averages were little changed on Monday morning while regional banks extended their rally.  ( 39 min )
    Tyson Foods Stock Is Tumbling. A Surprise Loss Is Only One Reason Why.
    The meat giant posts an adjusted loss of 4 cents a share in its fiscal second quarter, while analysts were expecting earnings of 79 cents.  ( 22 min )
    Bitcoin, Ether drop; Polkadot, XRP biggest losers; Asian equities gain
    Bitcoin, Ether fell in Monday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Polkadot and XRP led the losers in that list.  ( 39 min )
    Tyson Cuts Meat Sales View as Prices Hit Consumer Spending
    (Bloomberg) -- Tyson Foods Inc. cut its outlook for meat sales this year as consumers switch to cheaper foods due to inflation.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresThe biggest US meat company in a Mon  ( 38 min )
    No Recession Doesn’t Mean No Worries for Stocks
    Stocks might be under pressure even if the U.S. economy avoids a downturn.  ( 26 min )
    Morgan Stanley’s Wilson Says Economy Signaling Weaker Earnings
    (Bloomberg) -- Softer US macroeconomic data suggest that earnings trends will weaken in coming months, contrary to the expectations of most analysts, according to Morgan Stanley’s Michael Wilson, a staunch Wall Street bear.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuff  ( 39 min )
    Buffett Predicts a Downturn. Inflation Data and Earnings Will Indicate Its Severity.
    Debt limit concern, Buffett shares investing advice, and other news to start your day.  ( 25 min )
    Disney Likely to Post Robust Earnings Growth on Direct-to-Consumer Offerings
    Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.  ( 19 min )
    Shell and BP’s Hidden Spark
    The European companies’ energy traders generate huge profits, but investors are mostly in the dark.  ( 25 min )
    Big Oil Has $150 Billion in Cash and Investors Want a Share
    Oil-and-gas companies boost shareholder returns and keep funds for when the boom goes bust.  ( 27 min )
    These Stocks Are Moving the Most Today: Occidental, Berkshire Hathaway, PacWest, AMC, PayPal, and More
    Warren Buffett tamps down speculation that Berkshire Hathaway, which owns 24% of Occidental Petroleum, wants to buy the entire company, while PacWest shares surge after the regional lender says it's reducing its dividend.  ( 23 min )
    Warren Buffett reassures shareholders he’s ‘100% comfortable’ with his successor as Berkshire CEO: ‘Greg understands capital allocation as well as I do’
    Attendees at Berkshire Hathaway's annual meeting aimed to get a glimpse of Greg Abel, the conglomerate's designated CEO successor.  ( 40 min )
    Occidental Drops After Buffett Said Not Seeking Full Control
    (Bloomberg) -- Shares in Occidental Petroleum Corp. dropped in premarket trading after Warren Buffett said Berkshire Hathaway Inc. won’t make an offer for full control of the energy group, tempering speculation he was seeking to own the company after spending months snapping up its shares.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel  ( 39 min )
    PacWest Leads Rally in Regional Banks After Slashing Dividend
    (Bloomberg) -- PacWest Bancorp rose as much as 16% in premarket trading Monday, extending Friday’s brisk rebound and leading gains in US regional banks, after it slashed its quarterly dividend and said business remains “sound.”Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPowell’s Bet Against  ( 39 min )
    World Markets Face ‘Minsky Moment’ Danger, Allianz Says
    (Bloomberg) -- Investors should brace for months of market readjustments overshadowed by the threat of a new “financial accident,” according to Allianz chief economist Ludovic Subran.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPowell’s Bet Against Recession Looks Good — Minus the Credit Crun  ( 39 min )
    Chinese Bank Stocks Soar, Adding $166 Billion in Trading Frenzy
    (Bloomberg) -- The rally in Chinese financial shares intensified on Monday, with some banks posting their biggest single-day gains since the country’s 2015 equity bubble after more lenders cut their deposit rates and further progress on state-owned enterprise reform boosted investor sentiment.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Tru  ( 38 min )
    3 Takeaways From the 2023 Berkshire Hathaway Annual Shareholders’ Meeting
    Warren Buffett addressed the banking turmoil, prospects for large acquisitions, and his hand-picked successor Greg Abel.  ( 22 min )
    Oil Kicks Off Week Higher as Traders Look to Demand, Dollar Sags
    (Bloomberg) -- Oil edged higher as investors assessed a complex outlook for global crude demand after a period of volatile trading and the dollar eased.West Texas Intermediate rose toward $72 a barrel after surging by more than 4% on Friday, when futures pared a steep weekly loss. While fears of a US recession and bank failures have rattled markets recently, pushing crude to the lowest intraday level since late 2021, physical demand signals suggest at least some of the recent weakness in prices  ( 39 min )
    Weekly biotech pulse: Big catalysts on tap for Sarepta, Roche, Eyenovia, and more
    By Vlad Schepkov  ( 39 min )
    A Battle Over the Debt Ceiling May Hit a Critical Juncture This Week. How It Could Unfold.
    The window of opportunity to hammer out a deal is closing. Bond markets have jitters.  ( 22 min )
    Summer Travel Demand Is Red Hot. It’ll Be Pricey, but Good for These Stocks.
    Airfares and hotel room rates are soaring as the market for international trips booms. Several companies stand to benefit in a big way.  ( 32 min )
    Hedge Funds Face Into Bank Turmoil With Epic Short Treasury Bets
    (Bloomberg) -- Hedge funds supercharged bearish Treasury bets to historic levels just days before the US banking turmoil took a turn for the worse and spurred a stampede for the world’s safest assets.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits L  ( 38 min )
    Binance Restarts Withdrawals of Bitcoin After Second Halt
    (Bloomberg) -- Binance, the largest crypto exchange, temporarily paused withdrawals of Bitcoin for the second time in less than 12 hours, citing congestion on the token’s network.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Says $93 Million US Wants From Tim Leissner Is HersThe ste  ( 37 min )
    China’s Debt-to-GDP Ratio Rises to Record 279.7% on Credit Boom
    (Bloomberg) -- The Chinese economy’s debt ratio reached a record high in the first quarter of the year, with bank loans to companies surging as the nation reopened from Covid Zero.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits Low in ABC Poll‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAG  ( 38 min )
    Billionaire Sea CEO Declares 5% Raises in Strong Rebound Signal
    (Bloomberg) -- Sea Ltd. said it is giving most employees a 5% pay increase after turning profitable, a milestone for the Singapore e-commerce and gaming company that slashed costs drastically during the technology industry’s downturn.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Say  ( 38 min )
    AB InBev boss blames social media ‘misinformation’ for backlash against Bud Light
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Dow Jones Today: Index Flat on Inflation Lull
    Disney tops the box office and the Dow with Guardians of the Galaxy, but bad press helped push 3M lower.  ( 1 min )
    5 Things to Know Before Markets Open
    Federal data is expected to show a slower pace of bank lending and the White House is looking at a proposal to make airline compensate travelers for avoidable delays. Here’s what investors need to know today.  ( 1 min )
  • Open

    Liechtenstein wil bitcoin accepteren als betaalmiddel
    Inwoners van Liechtenstein mogen binnenkort voor bepaalde overheidsdiensten in bitcoins betalen. Dat zegt premier Daniel Risch in een interview met de Duitse zakenkrant Handelsblatt.  ( 3 min )
    Storing verholpen, ING-klanten kunnen weer geld overmaken naar eigen rekening
    ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken naar eigen bankrekeningen, inmiddels verholpen. Door een storing waren niet alle rekeningen zichtbaar in internetbankieren en de ING-app.  ( 3 min )
    Rechtszaak tussen Google en Sonos sleept zich in slakkengang voort
    Luidsprekerproducent Sonos en techgigant Google staan maandag weer tegenover elkaar in de rechtszaal in San Francisco. Het is een nieuw hoofdstuk in het al jaren slepende juridische conflict tussen de twee bedrijven. Sonos eist een schadevergoeding van 90 miljoen dollar (81,5 miljoen euro).  ( 4 min )
    EU wil Chinese bedrijven die Russisch leger helpen op zwarte lijst zetten
    Chinese bedrijven die onderdelen aan het Russische leger leveren, komen op een Europese zwarte lijst. Dat schrijft Financial Times op basis van uitgelekte documenten.  ( 3 min )
    Waarom vakbonden en DNB-president Knot anders naar loonsverhogingen kijken
    Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-president Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?  ( 5 min )
    Nederland heeft windenergiedoel uit klimaatakkoord (eindelijk) gehaald
    Eind 2022 stond er in Nederland meer dan 6 gigawatt aan windmolens op land, blijkt uit de nieuwe Monitor Wind op land van Rijksdienst voor Ondernemend Nederland. Daarmee werd eindelijk de doelstelling van het energieakkoord uit 2013 gehaald.  ( 3 min )
    ING-klanten kunnen door storing geen geld overboeken naar eigen rekeningen
    Klanten van ING hebben maandagmiddag opnieuw problemen met internetbankieren. Door een storing zijn niet alle rekeningen zichtbaar. Daardoor kunnen ze geen geld overboeken van een spaarrekening naar een betaalrekening.  ( 3 min )
    Waarom vakbonden en DNB-directeur Knot anders naar loonsverhogingen kijken
    Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-directeur Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?  ( 5 min )
    Spaarrente bij ASN, SNS en RegioBank ook omhoog
    Wie een spaarrekening bij SNS, RegioBank of ASN heeft, krijgt vanaf 15 mei een hogere rente. Daarmee volgt moederbedrijf de Volksbank zijn concurrenten Rabobank, ING en ABN AMRO.  ( 3 min )
    Harry Potter-spel Hogwarts Legacy levert ruim 1 miljard dollar op
    Hogwarts Legacy is de bestverkopende game die Warner Bros. Games ooit heeft uitgebracht. Sinds 10 februari is het Harry Potter-spel al meer dan vijftien miljoen keer verkocht. De spelontwikkelaar meldt dat de game al meer dan 1 miljard dollar (ruim 905 miljoen euro) heeft opgeleverd.  ( 3 min )
    NU+ | Internetkabels in Noordzee doelwit van sabotage: hoe kwetsbaar zijn we?
    De bodem van de Noordzee ligt vol met internetkabels. Rond die kabels zijn de laatste tijd verdachte Russische schepen gesignaleerd die ons internet zouden willen saboteren. Moeten we bang zijn dat ons internet uitvalt?  ( 4 min )
    PostNL maakt weer minder winst door afname pakketbezorging
    PostNL heeft in het eerste kwartaal veel minder winst geboekt dan een jaar eerder. Het postbedrijf ziet het winstcijfer al langere tijd dalen, doordat er minder pakketjes worden bezorgd.  ( 3 min )
    Albert Heijn om tafel met vakbonden: loonsverhogingen of weer lege schappen?
    Supermarktketen Albert Heijn gaat vandaag met vakbonden CNV en FNV om de tafel zitten. De inzet is een nieuwe cao voor de medewerkers van distributiecentra. De gesprekken zijn ook belangrijk voor de consument: als een akkoord uitblijft, dreigen nieuwe stakingen en dus opnieuw lege schappen.  ( 3 min )
    Werknemers Limburgse autofabriek Nedcar leggen werk voor twee dagen neer
    De vakbonden FNV Metaal en CNV Vakmensen hebben een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Maandag en dinsdag staakt het personeel. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.  ( 3 min )
    Acht weken geen vliegverkeer op Maastricht Aachen Airport vanwege renovatie
    Maastricht Aachen Airport (MAA) is vanaf maandag acht weken lang gesloten. In die tijd wordt de start- en landingsbaan gerenoveerd. Dat is nodig vanwege slijtage van het asfalt. Daardoor kunnen kleine deeltjes loslaten en schade aan vliegtuigen veroorzaken.  ( 3 min )
    Supermarkten zeggen prijzen te verlagen, maar dat is consumentenbedrog
    De prijzen in de supermarkten schieten omhoog. Toch claimen veel ketens dat honderden producten goedkoper worden door acties. Maar volgens experts is dat een misvatting.  ( 4 min )

  • Open

    Insiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Steer Toward Them Too
    Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. But as with almost anything, keeping it simple is often the key. And one of the most straight forward strategies is to keep an eye out for the insiders’ moves. After all, these corporate officers are privy to their companies’ inner workings. When an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that  ( 41 min )
    China Builders With Upcoming Lawsuits Just Got a ‘Wake-Up Call’
    (Bloomberg) -- Defaulted Chinese developers facing key court dates in coming weeks received an abrupt reminder that it’s actions not words that count in restructurings, if you want to avoid getting liquidated.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want So  ( 39 min )
    Stocks Poised for Higher Open
    The Bureau of Labor Statistics reports the consumer price index for April on Wednesday. Economists expect a 5% rise from April 2022, matching March.  ( 22 min )
    Richest Man in Vietnam Reinforces Risky $8 Billion Wager on EVs
    (Bloomberg) -- It’s a familiar story: A business mogul parlaying much of his fortune into a massive bet on electric vehicles, only to fall on hard times.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era Threshold Raises Warning SignYour Sunday US Briefing: Buffett’s Warning and Hungry AmericansPha  ( 42 min )
    There's a record $5.3 trillion is cash on the sidelines as investors get more bearish on stocks. Here's why that could mean big gains ahead.
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    Central banks are boosting stockpiles of gold in their reserves amid a backlash against the dollar
    Central banks added 228.4 tons of gold to global reserves in the first quarter, the World Gold Council reported.  ( 39 min )
    Warren Buffett's Berkshire Hathaway reveals it sold about $6 billion of Chevron stock last quarter
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    Devon Energy, JD.com, Roblox, TransDigm, KKR, and More Stocks to Watch This Week
    This week’s earnings reports include Airbnb, Brookfield, McKesson, PayPal, and Tyson Foods, Toyota Motor, and more.  ( 23 min )
    Carl Icahn's business empire just became Hindenburg's latest target. Here are some of the short seller's other big bets.
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    Dow Jones Futures: Market Roars, But Don't Go Wild Yet; AMD Leads Stocks Near Buy Points
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    Buffett on investing in EVs: 'You won't see anyone that owns the market'
    Legendary investor Warren Buffett explains why he's not too keen to get in on the EV trade.  ( 40 min )
    Buffett and Munger on Success, Toxicity and Elon Musk
    The Berkshire Hathaway CEO, with his business partner Charlie Munger, spent hours this weekend discussing life and career choices.  ( 26 min )
    Bank Stocks Nearing a Crisis-Era Threshold Raises Warning Sign
    (Bloomberg) -- The selloff in US bank shares is threatening to push them below a technical threshold that could signal more pain ahead for the broader stock market. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Kimora Lee Says $93 Million US Wants From Tim Leissner Is HersRussia Says It Has Billions of Indian Rupees That It Can’t UseBond Traders Bet on Biggest Fed Shift in Decades on Credi  ( 40 min )
    Rolls-Royce mini-nukes project under threat as Bill Gates eyes bid
    Bill Gates is eyeing a bid to build Britain’s first mini-nuclear reactor in a direct challenge to Rolls-Royce which is scrambling to secure a government contract.  ( 38 min )
    Breaking down Buffett’s warning on earnings
    Berkshire Hathaway CEO Warren Buffett doesn’t have good news for you. "In the general economy, the feedback we get is that perhaps the majority of our businesses will actually report lower earnings this year than last year," Buffett said at Berkshire’s annual shareholders meeting on Saturday.  ( 46 min )
    Inflation, Disney, debt ceiling: What to know this week
    A fast-approaching deadline for the US government to raise the nation's borrowing limit should draw increased investor attention this week and over the balance of the month as earnings season winds down and the next Fed decision remains six weeks off.  ( 42 min )
  • Open

    Keogh Plan: Definition, Types, Advantages & Disadvantages
    A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes.  ( 20 min )
    Long-Term Capital Gains and Losses: Definition and Tax Treatment
    A long-term capital gain or loss comes from a qualifying investment that was owned for longer than 12 months before being sold.  ( 21 min )
    The Ultimate Guide to Amex Membership Rewards
    Our comprehensive guide to the American Express Membership Rewards program.  ( 30 min )
    Statistics in Math: Definition, Types, and Importance
    Statistics is the collection, description, analysis, and inference of conclusions from quantitative data. People who do statistics are referred to as statisticians.  ( 28 min )
    What Is Volume of a Stock, and Why Does It Matter to Investors?
    Volume refers to the number of shares or contracts traded in an asset or security over a period of time, usually over the course of a trading day.  ( 25 min )
2023-06-06T03:17:44.060Z osmosfeed 1.15.1